'Europe is next', says fungi tech firm after securing fresh funding from poultry giant

Kynda co-founders Daniel MacGowan-von Holstein (CEO) and Franziskus Schnabel (COO). Photo: Kynda
19 feb. 2025
09:05
German startup Kynda uses the power of fungi to create alternative proteins. Now the company has scored €3 million in seed funding for a product that aims to transform the meat and pet food industries.

Co-founder Franziskus Schnabel tells Impact Loop how Kynda's planning to crack the mass market.

When an architect and a lawyer get together to start a food-tech company in a pig barn, it may sound like a long shot to succeed.

But fast forward a few years, and German startup Kynda is now on the verge of taking its alternative protein to a mass market after raising €3 million in seed funding for a solution that uses agricultural biproducts to create mycelium.

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