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Fungi Based Foods Startups
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Top Fungi Based Foods startups
There are 35 Fungi Based Foods startups which include Epigamia, Meati, Prime Roots, Nature's Fynd, Enifer. Out of these, 27 startups are funded, with 10 having secured Series A+ funding. United States has the most number of companies in Fungi Based Foods (9), followed by United Kingdom
(8), and then Germany (5).
Over the past 10 years, an average of 2 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of California (Berkeley), University of Cambridge and Aalto University.
Here is the list of top Fungi Based Foods Startups
1. Epigamia
Internet first brand of healthy snacks and convenience food products. Its other products includes yogurt, milkshakes, almond drink, smoothies, cheese, ghee Spreads and squeezy fruit drinks.
Key facts about Epigamia
- Founded Year: 2007
- Location: Mumbai (India)
- Stage: Series D
- Total Funding till date: $81.2M
- Investors: Verlinvest, Verlinvest and 54 Others
- Latest Funding Round: Conventional Debt, Sep 29, 2022, $4.39M
- Tracxn Score: 73/100 What is this?
- Competitors Rank: 1 of 13 Competitors
2. Meati
Developer of fungi-based protein meats foods. It uses mycelium as food ingredient that grown indoor using only water, sugar, and nutrients.
Key facts about Meati
- Founded Year: 2005
- Location: Boulder (United States)
- Stage: Series C
- Total Funding till date: $483M
- Investors: Revolution, Acre Venture Partners and 33 Others
- Latest Funding Round: Series C, Apr 19, 2024, $222M
- Tracxn Score: 66/100 What is this?
- Competitors Rank: 1 of 4 Competitors
3. Prime Roots
Producer and supplier of protein products. It offers edible products using edible fungi super-protein. The platform is socially impacted by reducing water usage and decreasing CO2 emissions.
Key facts about Prime Roots
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $50M
- Investors: Collab Fund, True Ventures and 15 Others
- Latest Funding Round: Series B, Dec 19, 2022, $30M
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 2 of 4 Competitors
Provider of fungi based dairy product. It offers fungi-based foods like non-dairy cream cheese, yogurt and meatless breakfast patties made by fermentation technology.
Key facts about Nature's Fynd
- Founded Year: 2012
- Location: Chicago (United States)
- Stage: Series C
- Total Funding till date: $463M
- Investors: Generation Investment Management, Breakthrough Energy and 16 Others
- Latest Funding Round: Series C, Jul 12, 2021, $350M
- Tracxn Score: 62/100 What is this?
- Competitors Rank: 1 of 1 Competitors
5. Enifer
Biotech company developing sustainable protein solutions for the food chain. The company produces fungi-based protein with a neutral taste and color. Its technology involves growing mycelium in fermentation tanks to produce protein.
Key facts about Enifer
- Founded Year: 2019
- Location: Espoo (Finland)
- Stage: Series B
- Total Funding till date: $28.3M
- Investors: Tesi, Aqua Spark and 8 Others
- Latest Funding Round: Conventional Debt, May 23, 2024, $9.76M
- Tracxn Score: 60/100 What is this?
- Competitors Rank: 1 of 1 Competitors