Hamburg-based Infinite Roots announces the retail launch of the first mycelium-based products developed in partnership with South Korea's leading food manufacturer, Pulmuone.

Image courtesy of Infinite Roots

Fungi, Mushrooms & Mycelium

Infinite Roots Brings Mycelium-Based Meat to South Korea Via Pulmuone After Hitting Regulatory Roadblock in EU

Hamburg-based Infinite Roots (formerly Mushlabs) announces the retail launch of its first mycelium-based meat products developed with Pulmuone, one of the three leading South Korean food manufacturers along with CJ CheilJedang and Daesang Corporation. The initial line offered by this strategic partnership consists of mycelium-based meat burger patties and meatballs, which have launched under Pulmuone’s recognized Earth Diet line. The collaboration was initiated earlier this year to introduce a wide range of nutritious, clean-label, and sustainable protein products tailored to the preferences of South Korean consumers. By leveraging Infinite Roots’ technology and production capabilities and Pulmuone’s market power and trusted brands, the companies aim to unlock the potential of mycelium in food production. The new meat alternatives are labeled as 100% plant-based and combine mycelium …

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Formo, REWE Group, and Infinite Roots discuss fermentation at German parliament

Image: Formo on LinkedIn

Politics & Law

Formo, REWE Group & Infinite Roots Discuss Fermentation Technology With MPs at German Parliament

Fermentation startup Formo recently joined forces with REWE Group and mycelium producer Infinite Roots to host a “political breakfast” at the Bundestag (German parliament). The event explored the potential of fermentation technology to address key challenges such as improving food security, reducing the impact of food production on the climate, and reducing dependency on global supply chains. It was held shortly before the collapse of Germany’s coalition government, which was caused by disagreements on how to revive the country’s economy. According to Formo, the timing underlines the need for European innovation and resilience. Speakers at the event included Formo founder and CEO Raffael Wohlgensinger, Gerald Dohme from the agricultural association Deutscher Bauernverband, Philip Tigges from Infinite Roots, and Clément Tischer from REWE. It was held …

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Infinite Roots team

Cathy Hutz (co-founder), Philipp Tigges (CFO), Dr. Mazen Rizk (founder and CEO) and Dr. Thibault Godard (co-founder) © Infinite Roots

Company News

Mycelium Tech Infinite Roots Announces Strategic Partnership with Pulmuone

Mycelium tech company Infinite Roots, formerly Mushlabs, announces a strategic partnership with Pulmuone, a leading food manufacturer from South Korea. Together, the companies intend to develop innovative protein products specifically tailored to the needs and taste preferences of the South Korean market. Infinite Roots has developed a patented method to use mycelium in innovative ways for food production. Just last month, the German startup secured $58 million in an oversubscribed Series B round, said to be Europe’s largest-ever investment in mycelium. On the other hand, Pulmuone, known for its tofu products, owns the Nasoya brand, famous for its plant-based steak line Plantspired which is hugely popular domestically as well as in the US, and is catering to the increasing interest in plant-based products in the …

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Infinite Roots raises Europe's largest investment in mycelium

Image courtesy of Infinite Roots

Investments & Acquisitions

Infinite Roots Raises $58M in “Europe’s Largest Investment in Mycelium”

German biotech Infinite Roots (previously Mushlabs) has secured $58 million in an oversubscribed Series B funding round. The sum is said to be Europe’s largest ever investment in mycelium. The round was led by Dr. Hans Riegel Holding, a holding company for confectionery group Haribo, with support from the EIC Fund (an initiative by the European Commission). Other participants included REWE Group, Clay Capital, FoodLabs, and more. Infinite Roots will use the funding to “move into a new era of commercial growth”, which will include expanding production capacities and launching worldwide. The company said that securing such a large sum in the current challenging economic climate was a testament to its technology and expertise. “A new era” Infinite Roots uses patented fermentation technologies to develop …

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The founding team of Infinite Roots

The founding team of Infinite Roots (from left to right) Mazen Rizk, Cathy Preißer and Thibault Godard © Infinite Roots

Company News

Mushlabs Becomes Infinite Roots, Plans to Pioneer New Era of Sustainable Foodtech

Hamburg biotech company Mushlabs announces its new corporate brand: Mushlabs will become Infinite Roots, with the transformation representing a deeper commitment to food security and sustainability and reinforcing the company’s commitment to promoting healthier diets and a healthier planet. As a specialist in mushroom mycelium-based nutrition, Infinite Roots supports the sustainable revolution in food production. According to the company, the new brand development symbolizes the transition from an emerging startup phase to a mature corporate era. Three years ago the company raised $10 million in Series A to upscale production to industrial level, stating its vision to “bring about a meaningful and lasting change to our food system”. Further to this mission, Infinite Roots says that its new identity seeks to reflect the essence of …

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