Volare Solutions
Volare Solutions is a company.
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Leadership Team
Key people at Volare Solutions.
Volare Solutions is a company.
Key people at Volare Solutions.
Volare Solutions is a Finnish biotechnology company that builds a scalable refining platform using black soldier flies (*Hermetia illucens*) to convert food industry side streams into high-quality protein, oil, and fertilizers for aquafeeds, pet food, agriculture, and chemical uses.[1][2][3] It serves food manufacturers, pet food producers, and aquaculture operations by solving waste reduction and protein shortages through a zero-waste, fossil-free process that promotes circularity and cuts CO2 emissions.[1][2][3] The company has shown strong growth momentum, raising €26 million in funding from investors like Maki.vc, Firstminute Capital, Springvest, and The Finnish Climate Fund to scale production, with a demo plant operational, commercial pet food launches, long-term offtake agreements (e.g., with Skretting), and plans for industrial facilities in Pori, Finland, targeting market leadership by 2030.[1][3][4][5]
Volare Solutions originated as a spin-off from VTT Technical Research Centre of Finland, where founders Matti (likely Matti Hyvönen, now CEO) and Tuure Parviainen began researching black soldier fly (BSF) applications in 2014-2017 to retain nutrients in the food chain.[1][2] From 2018-2020, they developed the solution at VTT, ran pilots, conducted R&D, and secured patents.[1] The company was formally founded in 2021, launching operations with a fully permitted demo plant for feed protein, initial pet food products, and pre-seed/seed funding rounds.[1][3] Key milestones include early commercial traction and a leadership shift in June 2025, with Parviainen moving to chief science officer to focus on tech advancement while Hyvönen became CEO to drive scaling.[3]
Volare rides the wave of circular economy biotech and alternative proteins, capitalizing on global food waste (1.3 billion tons annually) and Europe's push for protein independence amid fishmeal shortages and sustainability mandates.[1][2][3] Timing aligns with EU regulations favoring insect-based feeds and rising demand for eco-friendly aquafeeds/pet food, amplified by post-2020 supply chain disruptions.[3] Market forces like decarbonization goals and biotech funding surges (e.g., €26M raise) favor Volare, positioning it to influence the ecosystem by enabling food giants to achieve zero-waste operations and scaling insect farming as a mainstream upcycling tech.[1][3][4][5]
Volare is primed to dominate food side-stream refining, with the Pori facility launching industrial-scale production in 2025-2026, followed by Volare-03 with industry partners by 2029-2030 to cement market leadership.[1][3] Trends like AI-optimized bioreactors, stricter emissions rules, and pet/aquaculture booms will accelerate growth, potentially expanding to Norway and beyond.[3] Its influence could evolve from niche innovator to ecosystem enabler, powering resilient food systems—transforming side streams from burden to bounty, as envisioned from those early VTT fly experiments.[1][2]
Key people at Volare Solutions.
