Analysis

February 27, 2025

Can mycelium finally become a cheap vegan alternative?

Cutting water, cutting costs: the mycelium startup taking a different path


Mimi Billing

6 min read

In an office block a 15-minute drive outside Gothenburg, you’ll find the dozen-strong team — and mascot dog — of Millow, a startup working on mycelium-based foods. I'm at the startup's offices to try a mix of different products it makes, such as a vegan alternative to Swedish meatballs, doner kebab and taco mince. The meatballs they serve me are okay, but the taco mince is tasty, and has a nice crunch to it.

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Carlotte Lucas, head of industry at GFI Europe. Photo: Barbara Evripidou
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Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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