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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
15 hours ago


French Precision Fermentation Startup Nutropy Raises €7M to Develop Animal-Free Casein for Dairy Products
Too long to read? Go for the highlights below. Nutropy secured €7M ($8.1M) in oversubscribed funding led by Big Pi Ventures and Zero Carbon Capital to scale production of precision-fermented  casein proteins The company programmes microorganisms to produce casein identical to cow's milk proteins, targeting commercial launch of "cheeseable milk" powder in 2027 Global milk shortages projected to reach 30 million tonnes by 2030  as farmer numbers decline, creating market opportu
Oct 29


Michroma Scales Fermentation-Derived Colours as Synthetic Dyes Face Phase-Out
Too long to read? Go for the highlights below. California-based  Michroma  has partnered with South Korean food giant  CJ CheilJedang  to commercialise precision fermentation-derived natural red dye across global markets The collaboration addresses growing demand in a $4.8 billion natural colourant market, driven by regulatory bans on synthetic dyes and consumer preferences, with 68% of Americans supporting artificial colourant removal Michroma's fungal fermentation technol
Oct 19


Protein Brewery Raises €30M as Fermentation Sector Defies Investment Decline
Too long to read? Go for the highlights below. The Protein Brewery secured €30M Series B funding from Dutch government and Novo Holdings...
Oct 3


Swedish Biotech Seaqure Labs Secures €470,000 to Scale Mycelium-Based Aquaculture Feed
Too long to read? Go for the highlights below. Seaqure Labs  has closed a €470,000 pre-seed funding round to develop mycelium-based...
Sep 29
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