Telos Impact led a €12m Series A round in Kern Tec.

Telos Impact, a reference advisory firm for individuals and families to realize their philanthropic and impact investing ambitions, led a €12m Series A round in Kern Tec, an Austrian foodtech company utilizing upcycling to produce valuable food products, with participation from PeakBridge and European Innovation Council Fund. “This investment will accelerate our global scaling capabilities and enable more products to the market that are derived from the valuable stone fruit seeds. This will scale our impact of reducing waste, whilst unlocking further growth in the plant-based dairy industry,” Luca Fichtinger, Kern Tec Co-Founder and Managing Director.