TUHH: TUHH start-up Infinite Roots receives 58 million euros

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TUHH start-up Infinite Roots receives 58 million euros

TUHH startup Infinite Roots receives 58 million euros for the development of meat substitutes made from mushrooms
The startup Infinite Roots has recently closed a significant financing round to further advance its efforts in the development of innovative meat substitutes made from mushrooms. The company has raised a substantial amount of 58 million euros in fresh capital.

Infinite Roots specialises in the research and production of plant-based alternatives to meat, with a focus on using mushrooms as the main ingredient. Mushroom-based meat substitutes are gaining popularity worldwide as they are not only flavourful but also a more sustainable alternative to conventional meat. Infinite Roots uses fermented mushrooms - more precisely, the thread-like root network of edible mushrooms.

In contrast to other plant-based meat substitutes, the use of mycelia has various advantages, such as the possibility of significantly more frequent harvesting. The aim of Infinite Roots is not to produce the food itself, but to work closely with companies from the food and pharmaceutical industries that already have the option of fermentation.

Infinite Roots is not alone in its endeavours to bring meat substitute products made from mushrooms onto the market. The industry as a whole is seeing an increase in companies focussing on plant-based alternatives to meet the growing demand for more sustainable food options. The main difference between competitors is the use of mushroom species and the products that are sold.

Webpage: https://www.infiniteroots.com

Further sources: https://www.handelsblatt.com/unternehmen/handel-konsumgueter/lebensmittel-infinite-roots-bekommt-frisches-kapital-fuer-fleischersatz-aus-pilzen/100010050.html

https://www.hamburg-startups.net/58-millionen-us-dollar-fuer-infinite-roots-in-neuer-finanzierungsrunde/

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