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Matr Foods Secures €40M to Transform Mycelium Into Industrial-Scale Meat Alternatives
Too long to read? Go for the highlights below. Copenhagen-based Matr Foods has raised €40M in total funding t(he largest amount secured by a Danish food tech startup) to build a commercial factory capable of producing 4,000 tonnes of mycelium protein annually by 2027. The company's clean-label products, made through solid-state fermentation of upcycled vegetables and legumes with fungi, have sold out every month in 2024 and 2025, bucking the downturn seen in plant-based meat
1 day ago
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