Meelunie, a global leader in plant-based ingredients, believes that fava will play a key role in the protein transition. According to the company, Fava beans, otherwise known as broad beans, will help meet the growing demand for plant-based proteins while addressing deforestation, inefficiencies in global agriculture and other climate-related challenges.
Novo Holdings Invests in MATR Foods’ Fungi-Powered Fermented Meat Alternatives
Life science investor Novo Holdings has announced an initial investment in MATR Foods, a Danish food tech startup leveraging the power of mycelium, traditional fermentation, and upcycled vegetables to make sustainable meat alternative products. The startup’s flagship product, MATR Fungi Mince, a low-fat and high-protein alternative offering an amino acid profile similar to meat, is said to have a carbon footprint significantly lower (94% less) than beef. MATR currently supplies products to several Danish restaurant chains, including Gasoline Grill, Sticks’n’Sushi, and the online supermarket Nemlig.com. The new capital will help scale the startup’s production capacity and expand its customer base to meet the demand from existing and new customers. Randi Wahlsten, CEO of MATR, said: “We have been extremely well received by chefs and consumers …