Michroma Natural Food Colorings

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Investments & Finance

Michroma Closes $6.4M in Seed to Commercialize ‘High Performance’ Natural Food Colorings From Mushrooms

Precision fermentation startup Michroma announces it has closed $6.4M in seed financing to fast-track commercialization of its sustainable, mushroom-derived natural food coloring. The round, led by General Mills-backed Supply Chain Capital, will also help the startup expand research and development capabilities and broaden its ingredient platform.  Founded in 2019, Michroma is working to disrupt the global ingredients industry with high-performance colorants made from fungi through precision fermentation. To achieve this, Michroma focuses on creating ‘fungal biofactories’ to produce small molecules, like colors, more efficiently. “We see compelling market and consumer potential for Michroma’s fungal platform to create next-generation natural ingredients, from colorants to flavors, that are healthier and more sustainable while maximizing production efficiency,” said Noramay Cadena, Supply Change Capital’s Managing Director and Michroma Board …

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