Swedish entrepreneurs take on plant-based mince with new mycoprotein factory

3 nov. 2025
08:13
When Swedish foodtech star Mycorena went bust last year, it was a big hit to the country's ambitions for a homegrown mycelium champion.
Now, another startup from the same city is picking up the torch. In an interview with Impact Loop, Millow's chair Staffan Hillberg reveals:
→ More about the product: 'Just two ingredients'
→ The fresh funding and what it’ll be used for
→ How the designer behind Apple’s logo (!) is involved
Now, another startup from the same city is picking up the torch. In an interview with Impact Loop, Millow's chair Staffan Hillberg reveals:
→ More about the product: 'Just two ingredients'
→ The fresh funding and what it’ll be used for
→ How the designer behind Apple’s logo (!) is involved
Working with mycelium – the thread-like root structure of fungi – is hardly a novel idea in foodtech. Dozens of startups are looking to scale the technology, which uses precision fermentation to grow protein-rich biomass that can mimic the texture of meat, fish, or dairy.
Sweden's Mycorena made headlines with its fungus-based protein before it filed for bankruptcy last year, in a blow to the country's ambitions for a homegrown mycoprotein champion.