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Millow Closes €2 Million Round as Core Mycelium-Protein Patent Clears Opposition
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
Aug 13
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