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Biotech company Infinite Roots (formerly Mushlabs) secures 58 million USD for mushroom mycelium foods

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Series B Funding

Biotech company Infinite Roots (formerly Mushlabs) secures 58 million USD for mushroom mycelium foods

January 25, 2024 by Asia Food Journal

mushroom mycelium foods

Hamburg, Germany, January 25, 2024 – Infinite Roots, formerly Mushlabs, a leading German biotech company, announced today the closing of its 58 million USD Series B funding round. The oversubscribed funding round represents the largest investment in mycelium technologies in Europe to date and underlines the growing importance of mycelium in the global food system.  It was led by the Dr. Hans Riegel Holding (HRH), one of the two holding companies of the internationally successful confectionery … [Read more...] about Biotech company Infinite Roots (formerly Mushlabs) secures 58 million USD for mushroom mycelium foods

Other Topics: funding, Industry, Infinite Roots, Ingredients, Series B Funding

Singapore’s ProfilePrint completes Series B fundraising, strengthening its position as the neutral A.I. Ingredient Quality Platform 

December 15, 2023 by Asia Food Journal

ingredient quality platform

Accelerating growth in serving global clients, including the West and China ProfilePrint Pte. Ltd., a Singapore-based technology company effecting significant changes in the agrifood industry, has announced the successful conclusion of its Series B funding round. The round was led by Tai Partners and participated by four of its existing shareholders, showcasing a strong vote of confidence in ProfilePrint's AI-driven ingredient quality platform, underpinned by its patented digital food … [Read more...] about Singapore’s ProfilePrint completes Series B fundraising, strengthening its position as the neutral A.I. Ingredient Quality Platform 

Other Topics: Ingredient Quality Platform, neutral AI, ProfilePrint, Series B Funding, Tai Partners

Announcing $115 Million Series B Funding Round for Afresh

August 9, 2022 by Asia Food Journal

Series B funding afresh

As the leading AI-powered fresh food technology provider, we’re proud to announce a $115 million Series B funding round led by Spark Capital with participation from Insight Partners, VMG Partners, and Bright Pixel Capital. Walter Robb, senior executive partner at S2G Ventures and former co-CEO of Whole Foods Market, also joined the round. All prior investors, including Maersk Growth, High Sage, and Innovation Endeavors, also participated in the round, bringing our total funding to $148 … [Read more...] about Announcing $115 Million Series B Funding Round for Afresh

Other Topics: Afresh, Ingredients, Processing, Series B Funding, sustainability

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