Fungi-fermented alt-meat start-up will build a new plant, go international.
Fungi-fermented alt-meat start-up MATR Foods has landed €40million (US$46.5 million) in funding, which the company says will be used to accelerate growth and expansion of its distribution.
Specifically, Copenhagen-based MATR plans to use the funds to build a greenfield 4,000-metric-ton manufacturing facility. It is expected to begin operations in 2027,…