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January 25, 2024

This startup has raised $58m to replace your morning fry-up with mushroom mycelium

The Series B raise is Europe’s biggest round for mycelium to date

Sadia Nowshin

3 min read

Hamburg-based Infinite Roots has raised Europe’s biggest funding round for a mycelium company so far, with a $58m Series B. The round was led by the European Innovation Council (EIC) and Dr Hans Riegel Holding (HRH), a holding company of confectionery giant Haribo. 

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Sadia Nowshin

Sadia Nowshin was a reporter at Sifted covering foodtech, biotech and startup life. Follow her on X and LinkedIn

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