Eclo raises €4.7M to create a high-tech circular organic mushroom substrate factory.

Eclo has raised 4.7 millions euros to install a high-tech 4,200 sqm factory in Villers-le-Bouillet in the province of Liège at the beginning of 2023. This will position Eclo as a key player in the exotic mushroom industry in Europe, with an annual production of 7,000 tons of mushroom substrate from recycled organic waste by 2026. Participants in the fundraising include Noshaq, Investsud Bois, GoGreen Capital and private investors. An operational support on this funding was provided by Ubiz.

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