SMAQO

Ram Nair, founder and CEO of SMAQO. © SMAQO

Investments & Finance

SMAQO Raises Funding to Launch Next-Generation Hybrid Mycoprotein Products in the Nordics

SMAQO, a Swedish company developing next-generation hybrid mycoprotein-based foods, has announced a new funding round. The round was led by Singapore-based venture capital firm Good Startup, which has a focus on alternative proteins; ITIL Partners and Nuora Capital also participated. SMAQO uses a proprietary fungi and production platform to create clean-label, high-protein foods with a minimal environmental impact. The company will use the new funding to accelerate product development, scale …

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