Lantmännen Cerealia, the Swedish agricultural large, is coming into right into a partnership with mycelium-primarily based protein meals tech Mycorena. With the acknowledged ambition of growing future mycoprotein meals for the Nordic market, the strategic enterprise will concentrate on upcycling meals waste to create fungi-primarily based protein sources and elements.

“Their farm-to-table value chain, knowledge, network and well-known brands are hugely valuable to us”

Lantmännen – Swedish for “the farmers” – is a Swedish agricultural cooperative owned by over 19,000 Swedish farmers with operations in over 20 nations and an annual turnover of over €4.5 billion. The cooperative owns a number of meals manufacturers, similar to AXA and Kungsörnen, and after collectively growing prototypes with Mycorena is now wanting in direction of the rising alt protein sector. 

Mycorena_team
©Mycorena

Mycorena – a fellow Swedish firm – develops mycelium-primarily based protein from upcycled meals waste, therefore the synergy with Lantmännen as a serious producer of Swedish-grown uncooked supplies within the meals business. Mycorena not too long ago closed the most important Nordic Series A funding spherical in alt protein up to now at €24 million ($26.8 million), which is getting used to upscale and commercialize Promyc – the meals tech’s proprietary alt protein product. 

“Developing the way we produce and consume protein is fundamental to Mycorena. It will be tremendously exciting to enter into a deeper collaboration with Lantmännen Cerealia. They represent everything we look for in a potential partner; their farm-to-table value chain, knowledge, network and well-known brands are hugely valuable to us,” acknowledged Ramkumar Nair, Founder & Chief Executive Officer of Mycorena. 

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