IFFE Futura is an industrial, financial and educational services group that develops activity around five lines: training (IFFE Business School), consulting, real estate development, functional food (IFFE Biotech) and a business incubator. Its IFFE Biotech arm focuses on research, design, production and marketing of Omega‑3 fatty acids and operates an Omega‑3 factory with a 13,000 tonnes/year production capacity on a 28,800 sqm site in the Ferrol region. The company plans to complete new Omega‑3 production facilities in As Somozas (Galicia) with capacity of more than 10,000 tonnes/year and to start marketing Omega‑3 from 2023 to functional food, pharmaceutical, cosmetic and animal‑feed customers. IFFE also offers SME strategic and financial consultancy and acts as a Registered Advisor to Spain’s MAB through its subsidiary DCM Asesores, while IFFE Desarrollos handles land development for future residential, commercial and industrial projects. The group cites a competitive advantage from its activity diversity, people management and efficiency and sees significant development potential across its business sectors. To support the Omega‑3 expansion and recapitalise the company it has secured an external financing commitment.

Total raised

$19M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2022