Founded in 2020 in Sweden, Saveggy offers a two-ingredient, edible coating made from rapeseed and oat oils that shields produce and prolongs freshness, eliminating the need for single-use polyethylene wraps. The technology is currently being piloted with retailer ICA and grower Odlarna.se, covering about 250,000 cucumbers across 700 Swedish stores. By targeting produce like cucumbers, which account for more than 3,000 tonnes of plastic packaging annually in the EU, the company addresses both food waste and plastic pollution. Early research and development were carried out in collaboration with Lund University, Aarhus University, the European Institute of Technology (EIT) and other value-chain stakeholders. To date, Saveggy has secured €2.5 million from investors including Fåhraeus Startup and Growth, LRF Ventures, Unconventional Ventures, Almi Greentech and Smile Inject Capital. The startup plans to expand its coating to additional produce categories and new geographic markets following the trial. Management is preparing for a larger funding round targeted for 2026 to scale commercial production and distribution.

Total raised

$5M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2025