Oman Investment Authority (OIA) and MycoTechnology, Inc. have established a groundbreaking joint venture that will use locally-grown dates to produce high-quality mushroom-based protein. The two parties will collaborate on building a state-of-the-art production facility in Oman to scale up and commercialize this novel source of nutritious, sustainable protein. It represents the next generation of innovation driven by MycoTechnology’s proprietary fermentation platform, which harnesses mushroom … [Read more...] about MycoTechnology Partners with Oman Investment Authority to Target Alternative Protein Opportunity
Ingredients
Singapore Institute of Technology, Agrocorp International collaborate for plant-based food innovation
The Singapore Institute of Technology (SIT) and Agrocorp International have launched a research programme to further studies on plant-based food alternatives. This programme will leverage science and technology to also improve ingredient extraction from plant feedstocks. The 4-year collaboration is expected to yield Singapore’s first Research & Development (R&D) platform for extraction and processing capabilities. Traditional methods of extraction are typically high cost, with low … [Read more...] about Singapore Institute of Technology, Agrocorp International collaborate for plant-based food innovation
MycoTechnology secures funding to boost mushroom-based ingredients
Colorado-based MycoTechnology has completed Series E round of funding, securing $85 million at this time. Since establishment in 2013, the company has received at least $200 million from a variety of investors. MycoTechnology will use the funding injection to further develop its proprietary fermentation platform that aims to harness the natural power of mushroom mycelia. Mycelia is considered the invisible root system of mushrooms. They aim to bring positive impact to food and nutrition … [Read more...] about MycoTechnology secures funding to boost mushroom-based ingredients
