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Mycoprotein producer Enough raises €40M toward doubling its production capacity

Scotland-based Mycoprotein Producer Enough has raised €40 million ($43.5 million) in growth funding to double its production capacity. The company uses proprietary technology to ferment fungi using sugars from renewable feedstocks, resulting in sustainable mycoprotein called Abunda that can be used to make plant-based meat, fish, and dairy products. Enough plans to increase its output capacity at its production site in the Netherlands and expects retail launches by the end of this year. The company aims to scale up to over 60,000 tonnes per year by 2024 to meet the growing global demand for non-animal protein sources.

The post Mycoprotein producer Enough raises €40M toward doubling its production capacity appeared first on Balanced News Summary.



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Mycoprotein producer Enough raises €40M toward doubling its production capacity

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