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Draft:Mycorena

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Mycorena
Company typePrivate
IndustryFood
Founded2017; 7 years ago (2017)
FounderRamkumar Nair
Headquarters,
ProductsMeat analogues
Websitemycorena.com

Mycorena AB is a Swedish-based food tech company founded in 2017 and specialized in fungi fermentation and in the sustainable development and commercialization of mycoprotein-based products.[1][2] The company's signature product, Promyc, was launched in 2019 as an ingredient in a variety of vegan food applications.[3]

History

Founded in 2017 by Ramkumar Nair, Mycorena secured its initial funding in late 2018 and has since raised over 35 million euros, including 24 million euros in what was the biggest to date Series A funding round for a alternative protein company in the Nordics.[4][5]

Besides its demonstration plant in Gothenburg, named the Mycorena Innovation and Development Center (MIND),[6] which opened in 2019 and includes the company headquarters, a fully food-grade certified fermentation facility, innovation and R&D labs, a development kitchen, and a pilot line for end-consumer food product production, the company initiated in 2021 the construction a its full-scale production factory in the city of Falkenberg.[7]

Products

Promyc, 100g
Nutritional value per 100 g (3.5 oz)
Energy447 kJ (107 kcal)
7.9 g
Sugars0.4 g
Dietary fiber7.5
2.8 g
Saturated0.8 g
16 g
Vitamins and minerals
MineralsQuantity
%DV
Calcium
10%
130 mg
Copper
27%
0.24 mg
Iron
5%
0.9 mg
Magnesium
8%
32.7 mg
Manganese
43%
1 mg
Phosphorus
45%
560 mg
Potassium
0%
6.5 mg
Sodium
1%
14 mg
Zinc
17%
1.9 mg

sources: mycorena.com
Percentages estimated using US recommendations for adults,[8] except for potassium, which is estimated based on expert recommendation from the National Academies.[9]

Mycorena's first product was launched in 2019, branded as Promyc, it is fungi-based food ingredient designed with the intention of being used in partnership with other food manufacturers to develop and commercialize new food products, including, but not exclusive, in the development of meat and fish analogues and meat enhancers. This strategy has translated into the launching of multiple products for the European market in partnerships with other companies including the 3D printed salmon-like fillets of Revo Foods[10] and a variety of vegan hybrid products with Peas of Heaven.[11]

In 2023 Mycorena launched Mycolein, a fungi-stabilised fat product with reduced fat content[12] and similar properties to animal fat but better nutritional content.[13]

References

  1. ^ Team, Green Queen (2023-07-11). "Mycorena Carves Out Niche in Fungi Tech With Strategic European Partnerships". Green Queen. Retrieved 2024-02-06.
  2. ^ "Tetra Pak Collaborates With Mycorena on Alternative Protein". www.csrwire.com. Retrieved 2024-02-06.
  3. ^ Purton, Nina (2023-04-28). "2 Biotech Startups Are 3D Printing 'Fish' to Give the Ocean a Rest". Sustainable Brands. Retrieved 2024-02-08.
  4. ^ Buxton, Amy (2022-03-01). "Mycorena Scoops $26.8 Million In Largest-Ever Nordic Vegan Protein Series A". Green Queen. Retrieved 2024-02-08.
  5. ^ foodnavigator.com (2022-07-01). "Tetra Pak collaborates on mycoprotein site as part of 'long-term' vision: 'This is our first greenfield plant within the new food fermentation category'". foodnavigator.com. Retrieved 2024-02-08.
  6. ^ Lapatza, Brita (2022-03-10). "Fungi-based meat alternative Mycorena raises record Series A". Food Matters Live. Retrieved 2024-02-08.
  7. ^ Ho, Sally (2021-05-11). "Mycorena To Build Large-Scale Factory To Supply 'Several Thousand Tons' Of Fungi Protein". Green Queen. Retrieved 2024-02-08.
  8. ^ United States Food and Drug Administration (2024). "Daily Value on the Nutrition and Supplement Facts Labels". FDA. Archived from the original on 2024-03-27. Retrieved 2024-03-28.
  9. ^ National Academies of Sciences, Engineering, and Medicine; Health and Medicine Division; Food and Nutrition Board; Committee to Review the Dietary Reference Intakes for Sodium and Potassium (2019). "Chapter 4: Potassium: Dietary Reference Intakes for Adequacy". In Oria, Maria; Harrison, Meghan; Stallings, Virginia A. (eds.). Dietary Reference Intakes for Sodium and Potassium. The National Academies Collection: Reports funded by National Institutes of Health. Washington, DC: National Academies Press (US). pp. 120–121. doi:10.17226/25353. ISBN 978-0-309-48834-1. PMID 30844154. Retrieved 2024-12-05.
  10. ^ products”, “We believe we will create some truly unique (2022-10-13). "Mycorena & Revo Foods to Develop "Whole New Realistic Meat-Like Product Segment" For Alt Seafood - vegconomist - the vegan business magazine". Retrieved 2024-02-06.
  11. ^ "Peas of Heaven Launches Frozen Pea Protein Hybrids in Collaboration With Mycorena - vegconomist - the vegan business magazine". 2022-09-28. Retrieved 2024-02-06.
  12. ^ "Mycorena to Launch Clean-Label Fungi-Based Fat Verified by Juicy Marbles - vegconomist - the vegan business magazine". 2023-04-06. Retrieved 2024-02-08.
  13. ^ Ettinger, Jill (2023-04-10). "Mycorena's Sustainable Fungi-Based Fat Mycolein Makes Its Market Debut". Green Queen. Retrieved 2024-02-08.