The Australian Labor Party's national conference has formally recognised fungi as a distinct kingdom of life, separate from flora and fauna, marking a potential turning point for how the country's environmental laws treat the fungal world.

New York-based C16 Biosciences has launched a precision-fermented cocoa butter equivalent under its Palmless brand, marking the startup's first entry into food ingredients after establishing itself in sustainable beauty.

Ginkgo Bioworks and Acies Bio have announced a collaboration to develop optimised microbial strains of Aspergillus niger for use in industrial protein production.

LifeMine Therapeutics has closed $263 million in financing to accelerate clinical trials of LIFE-001, a novel immunosuppressant drug discovered through fungal genomics.

Lucknow-based Arboreal Bioinnovations has closed a $24.2M Series A round led by EAAA Alternatives and Omnivore to expand manufacturing and R&D across its functional ingredient portfolio.

Swedish foodtech company Millow has raised €2 million to expand production and build out its commercial team for the Nordic foodservice market. The company's solid-state fermentation process converts Swedish oats and mycelium into a two-ingredient, clean-label protein with a carbon footprint independently verified at 0.3 kg CO₂e per kilogram, roughly 98% lower than Swedish beef. The round coincides with the unopposed expiry of the opposition window for Millow's core European

A new report by the Good Food Institute APAC finds that China's largest fermentation manufacturers are redirecting capacity toward mycoprotein, yeast proteins, and precision-fermented fats as pharmaceutical margins shrink.

Colorado-based MycoTechnology has launched Adorvia, a range of fungi-derived sweet proteins designed to reduce sugar and stevia in food and beverage products.

Researchers at Jilin Agricultural University optimised an ultrasound-assisted extraction process for Inonotus hispidus, achieving a total polyphenol yield of 25.46 mg/g, a 35.86% improvement over unoptimised conditions.

Nairobi-based MycoTile, founded by inventor Mtamu Kililo, now produces approximately 3,000 m² of mycelium-based construction panels per month, using around 250 tonnes of agricultural waste annually.