What Green Spot Technologies does

Green Spot Technologies is a French fermentation company founded in 2018 and headquartered in Toulouse, with industrial production at a 1000T+ capacity facility in Carpentras. The company operates a solid-state fermentation platform that transforms upcycled plant byproducts — primarily fava bean hulls and fibers derived from winery and brewery waste streams — into functional food ingredients under controlled biological conditions. Its proprietary asset base includes 6 patents, 20+ know-hows, a library of 120+ microbial strains, and an R&D lab that has screened 200+ botanical sources.

The company's commercial face is the MILATEA brand, which encompasses the F éverolat® product line of cocoa-alternative ingredients — including fillings (Noisette, Cacao Noisette), chips (Cacao and Cocoa-free), powders (BVP, Dispersible), and a Hazelnut spread — sold to bakery, pastry, and confectionery manufacturers as sustainable replacements for cocoa. The ingredients are palm-oil-free, locally sourced in France, and carry Rainforest Alliance and Fair for Life certifications on key SKUs.

Green Spot sells primarily through direct B2B field sales to industrial food producers and artisan bakers, supplemented by ingredient distribution partnerships for broader geographic reach. Pricing is quote-based for industrial volumes under multi-year contracts. The company has raised approximately €8.4 million across disclosed rounds, including a €5M Series A in November 2025 led by Team for the Planet with the European Innovation Council and EIT Food, and earlier backing from the EIC and EIT Food. It employs around 20 people, has been recognized as an Earthshot Prize finalist and Cartier Women Initiative laureate, and operates with a founder-led structure under Ninna Granucci.

Name

Green Spot Technologies

Legal name

SAS GREEN SPOT TECHNOLOGIES

Website

https://greenspot-tech.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

French fermentation company using solid-state fermentation to convert upcycled plant byproducts (fava bean hulls, winery and brewery waste) into cocoa-alternative ingredients for bakery, pastry, and confectionery manufacturers.

Ownership category

akta.pro rank

Product category

Fermented Food Ingredients

NAICS

Fruit and Vegetable Preserving and Specialty Food Manufacturing (3114), Food Manufacturing (311)

SIC

Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030), Food And Kindred Products (2000)

akta.pro primary industry

Cultures, Probiotics & Fermentation Ingredients (Starter Cultures, Yeast, Adjuncts) (CRADAOAI)

akta.pro secondary industries

Plant-Based Dairy-Alternative Ingredients & Bases Manufacturing (Emulsions, Fat Systems, Protein/Starch Bases for B2B) (AFAHAJAI), Cookies, Biscuits & Crackers (CRADABAD)

Keywords

• Solid state fermentation
• Cocoa alternative ingredients
• Upcycled food ingredients
• Fermented plant proteins
• Food ingredient manufacturing

Headquarters

HQ city

Ramonville-saint-agne

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Ingredient Sales (B2B): Sale of fermented food ingredients (Féverolat® product line) to food manufacturers, bakeries, pastry chefs, and confectioners. Products include fillings, chips/inclusions, powders, and spreads. Revenue generated through direct B2B sales of MILATEA brand ingredients.
2. Ingredient Licensing/Partnership Development: Collaborative development of ingredient solutions with partners for specific formulation and performance needs. Involves custom ingredient development for industrial applications.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Green Spot Technologies commercializes a solid-state fermentation platform that transforms upcycled plant byproducts (primarily fava bean hulls and winery/brewery side streams) into functional food ingredients. Its flagship commercial offering is the MILATEA brand of cocoa alternatives, with the Févérolat® product line of fillings, chips, powders, and spreads sold B2B to food manufacturers, bakers, pastry chefs, and confectioners. The company operates a 1000T+ production facility in Carpentras, France.

Product overview

Green Spot Technologies operates as a fermentation technology company offering a platform-based approach to sustainable ingredient production. The core product is the MILATEA brand, which consists of fermented food ingredients derived from upcycled plant byproducts. The primary product line under MILATEA is the Féverolat® family, which includes fillings (Noisette, Cacao Noisette), chips/pépites (Cacao, Cocoa-free version), powders (BVP, Dispersible), and spreads (Hazelnut). These products are made through controlled solid-state fermentation of fava bean hulls and plant fibers, targeting bakers, pastry chefs, and confectioners. The company also offers an industrial fermentation platform for developing custom ingredient solutions across multiple applications.

Differentiator

Problem solved

Functional benefit

Brands

• MILATEA: Consumer-facing brand of sustainable fermented food ingredients derived from upcycled plant byproducts from wineries and breweries. Products include powders, fillings, and inclusions made through controlled fermentation of fava beans and plant fibers, targeting bakers, pastry chefs, and confectioners.
• Féverolat®

Products and services

• MILATEA Brand Consumer-facing brand of sustainable fermented food ingredients derived from upcycled plant byproducts from wineries and breweries, targeting bakers, pastry chefs, and confectioners.
• Févérolat® Noisette Fermented fava bean hull filling with hazelnut flavor; heat-stable, palm oil-free, made in France; Fair for Life certified.
• Févérolat® Cacao Noisette Fermented fava bean hull filling with cocoa and hazelnut flavor; Fair for Life certified.
• Févérolat® Cacao 100% natural baking-stable fermented fava bean chips with cocoa flavor; Rainforest Alliance certified.
• Févérolat® Cocoa-free Version Cocoa-free version of fermented fava bean chips for applications not requiring cocoa flavor.
• Févérolat® BVP Fermented fava bean powder for bakery and confectionery applications.
• Févérolat® Dispersible Dispersible fermented fava bean powder for beverage and food applications.
• Févérolat® Hazelnut Palm oil-free hazelnut spread made from fermented fava beans; reduced sugar; made in France.
• Solid-State Fermentation Platform Industrial fermentation platform that transforms plant substrates into functional ingredient compounds using controlled biological processes, enabling scalable and reliable production.

Quantifiable outcome

• Replaces cocoa imports with locally-sourced French fava beans, eliminating supply chain volatility
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core, major and minor.

• AGIRcoreStrategic or Co-development PartnerFrench partner for application development and ecosystem support for fermentation ingredient solutions.
• CacaolabcoreStrategic or Co-development PartnerBelgian partner specializing in cocoa alternatives and sustainable chocolate applications, supporting MILATEA product development and market positioning.
• Conesa GroupmajorStrategic or Co-development PartnerPartnership with Conesa group across ingredient ecosystems for production and distribution capabilities.
• FoodvalleyminorStrategic or Co-development PartnerResearch and industry network partner in food innovation ecosystem supporting ingredient development and market connections.

Scale indicators6 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Planet A Foods: German fermentation startup producing ChoViva, a cocoa-free chocolate alternative using oat flour and sunflower seeds. Directly competes with Green Spot's F\u00e9verolat\u00ae in the alternative cocoa and chocolate-replacement category for industrial bakery and confectionery customers.
• Wnöfood (formerly Break Your Floor): Sweden-based company developing cocoa alternatives using local Nordic ingredients. Competes directly with Green Spot in the cocoa-disruption space, targeting European confectionery and bakery manufacturers with sustainable, locally-sourced substitutes.
• Perfect Day: US-based precision fermentation leader producing dairy-identical whey proteins. Comparable as a fermentation technology platform company producing B2B functional food ingredients, with similar go-to-market targeting food manufacturers seeking sustainable alternatives.
• Motif FoodWorks: Boston-based food tech company using fermentation and ingredient science to develop plant-based food ingredients targeting meat and dairy alternatives. Operates in the same B2B fermentation-derived ingredient space with overlapping technology platform and customer base.

Broad incumbents

• Barry Callebaut: World's largest chocolate and cocoa manufacturer, serving every major industrial food customer Green Spot targets. Represents both the primary incumbent threatened by Green Spot's cocoa alternatives and a potential partner/licensor who could scale the F\u00e9verolat\u00ae platform.
• Cargill: Global food ingredients giant with cocoa & chocolate, starches, sweeteners, and fermentation capabilities. Competes broadly in the specialty food ingredient space and could either acquire Green Spot or compete with internal cocoa alternative development.

Emerging players

• CaPella BioSciences (formerly Miraculex): US-based protein engineering company developing sweet proteins from plants as sugar alternatives. Comparable as a fermentation/biotech startup producing natural B2B ingredient solutions for food manufacturers seeking sustainable alternatives.
• Renewal Mill: US-based startup that upcycles food byproducts (e.g., oat pulp from plant-based milk production) into baking ingredients and flours. Shares Green Spot's circular-economy positioning and B2B ingredient model targeting bakery customers.
• ReGrained: US-based startup upcycling brewery spent grain into snack and baking ingredients. Comparable circular-economy ingredient model with Green Spot's fermentation of brewery byproducts, though ReGrained focuses on snacks rather than cocoa alternatives.

Regional players

• Puratos: Belgian global supplier of bakery, patisserie, and chocolate ingredients with strong sustainability programs. Directly serves Green Spot's industrial bakery and pastry customer base and has launched its own cocoa alternative initiatives, representing both a peer and potential commercial partner.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/greenspot-tech
• Facebookfacebook.com/Green-Spot-Technologies-102698961901355

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds6 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Green Spot Technologies