CEO BZ Goldberg (L) and Culinary R&D Director Yair Yosefi

CEO BZ Goldberg (L) and Culinary R&D Director Yair Yosefi © The Mediterranean Food Lab

Investments & Finance

The Mediterranean Food Lab Secures $17M to Make Plant-Based Meat Delicious with Fermented Flavors 

The Mediterranean Food Lab (MFL), an Israeli company creating natural and fermented flavors and culinary ingredients to make alt meat and plant-based foods “delicious,” has raised $17 million in a series A investment round. Gullspång Re:food led the round, with other participants including previous investor PeakBridge (member of Edmond de Rothschild Private Equity), Arancia International, FoodBridge (Axel Johnson’s group), and additional investors, according to the announcement. With the new financing, the company will increase its industrial production and establish a sales team to promote and sell its fermented flavors for food service and CPG companies. “There is no way to reduce our dependency on animal protein without addressing “the flavor function” meat performs in the food system,” states the company. BZ Goldberg, CEO of MFL, shared: …