Brazilian Mycoprotein Producer Typcal to Receive a €350K Investment Through Biotope Incubator
Typcal, a Brazilian startup growing mycoprotein using biomass fermentation, has been accepted into the seventh cohort of the biotech incubator biotopeby VIB. The company has reportedly developed proprietary fungi strains that grow faster and on more diverse feedstocks than competing technologies, enabling scalable, sustainable protein and fiber production. Through the program, Typcal will receive €250,000 in direct funding and €100,000 in non-cash tailored support, including mentoring and access to knowledge …
The Protein Brewery Secures €30M to Advance Its Proprietary Mycoprotein
The Protein Brewery, a Dutch company producing fungi-based food ingredients, has secured €30 million in Series B funding. The round saw participation from new investors Invest-NL and the Brabant Development Agency (BOM), alongside existing investors Novo Holdings, Unovis Asset Management, and Madeli. The Protein Brewery will use the capital to advance its proprietary mycoprotein, Fermotein®, and strengthen its commercial presence. This will include expanding production capacity at the company’s Mijkenbroek …
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 …
Former Henkel and JBT-Marel Executive Jan Agter Appointed as CEO of Mycoprotein Producer ENOUGH
Mycoprotein producer ENOUGH has announced that Jan Agter will assume the role of Interim CEO, succeeding co-founder Jim Laird. Agter is described as an experienced former executive at Henkel and JBT-Marel, and was most recently at Hooghoudt Distillers. He has over 25 years of experience as general manager in complex operations in an international setting. Laird will oversee the transition over the next six months, before moving to a non-executive …
Enifer Partners With FS to Produce Mycoproteins in Brazil from Corn Ethanol Sidestreams
Finnish mycoprotein company Enifer has announced that its proprietary PEKILO® fermentation technology is set to arrive in Latin America for the first time, in partnership with Brazilian ethanol producer FS. The collaboration will mark the first time Enifer’s PEKILO®Pet and PEKILO®Aqua production processes have operated outside Europe, and the first time corn ethanol-derived thin stillage has been used as feedstock. FS is now working to construct an industrial process at …
NoMy Secures €1.25M to Commercialize Mycoprotein Technologies Using Resources From Beet Sugar Manufacturing
Norwegian Mycelium (NoMy) has raised €1.25 million in funding from Japanese investor Nippon Beet Sugar Manufacturing Co., Ltd. (Nitten), which was also joined by follow-on investments from an international consortium of investors, including TD Veen, EIT Food, Farvatn Venture, and others The funding will allow NoMy to scale the deployment of its mycoprotein technologies, improving the sustainability and diversity of protein supplies in the food and feed industry through partnerships …
Research by Low Food Reveals Innovative Applications for Mycoprotein, Including Tofu, Jerky & Gnocchi
Low Food has presented the results of its Low Food Lab Mycelium, which investigated a range of possible applications for mycelium that go beyond meat alternatives. Conducted in collaboration with Flevo Campus, agri-food company Cargill, and B2B mycoprotein ingredient company ENOUGH, the research aimed to create an entirely new category featuring mycelium as a stand-alone product. Using ENOUGH’s ABUNDA mycoprotein, participating chefs and product developers came up with a range …
Investment Climate Podcast: Daniel MacGowan von Holstein of Kynda, How to Get Funded in 2025
In this podcast series, Alex Shandrovsky interviews investors about benchmarks for funding Alt Proteins in 2025 and uncovers the investment playbooks of successful Climate Tech CEOs and Leading VCs. Podcast Host Alex Shandrovksy is a strategic advisor to numerous global food tech accelerators and companies, including alternative proteins and cellular agriculture leaders. His focus is on investor relations and post-raise scale for agrifood tech companies. This podcast is syndicated through …
Study: Enifer’s PEKILO®Pet Mycoprotein Ingredient is Up to Seven Times More Carbon Efficient Than Soy Protein Concentrate
A new life cycle assessment by Finnish biotech company Enifer has found that the carbon footprint of the company’s proprietary mycoprotein ingredient, PEKILO®Pet, is significantly lower than that of many common pet food ingredients. The cradle-to-gate total carbon footprint of PEKILO®Pet, covering fossil, biogenic, land use, land use change, and forestry emissions, was found to be 0.93 kgCO₂e per kilogram of product. In contrast, soy protein concentrate can produce up …
Enifer Breaks New Ground as First Nordic Firm to Seek Novel Food Approval for Mycoprotein
Finnish biotech company Enifer announces that it has applied for regulatory approval from the European Food Safety Authority (EFSA) to sell its flagship ingredient, PEKILO, in the EU. The company claims to be the first Nordic company to apply for a mycoprotein under novel foods. This regulatory step marks a significant milestone in the company’s commercialization efforts, which recently secured funding to build a €33 million production facility, scheduled for …