Kynda Secures €3M to Revolutionize Sustainable Protein Production with Innovative Bioreactors

February 19, 2025
Kynda Secures €3M to Revolutionize Sustainable Protein Production with Innovative Bioreactors
  • Kynda's sustainable approach involves upcycling underutilized agricultural biomass, addressing environmental issues and contributing to food security.

  • This fermentation process is notably efficient, producing mycoprotein within 24 to 48 hours, significantly faster than traditional methods.

  • The mycoprotein produced by Kynda offers a meat-like texture and umami flavor, making it suitable for various meat alternatives.

  • Kynda specializes in creating alternative proteins for the food and pet food industries using proprietary fermentation technology to transform agricultural by-products into mycoprotein derived from mushroom mycelium.

  • The vegan food market is expanding, with consumers seeking cleaner and healthier food options, positioning Kynda as a competitive solution for food manufacturers.

  • Kynda provides clients with low-cost, plug-and-play bioreactors and starter cultures for in-house biomass fermentation, enhancing production flexibility.

  • Kynda, a biotech company based in Hamburg, has successfully raised €3 million in Seed funding to enhance its production of sustainable proteins.

  • Gerrit Gnisa of Enjoy Ventures noted that this funding, along with Kynda's strong partnerships and technology, will promote circular economy solutions in food production and animal nutrition.

  • In 2024, Kynda began building a large-scale facility near Hamburg to produce several thousand tons of 'Kynda Meat' annually, with plans to open the facility in the second quarter of 2025.

  • The funding round was led by Enjoy Ventures through their Invest-Impuls Scale fund, with contributions from PHW Group and Swiss investor Clima Now.

  • Co-founder Daniel MacGowan emphasized that this investment will help Kynda meet the high demand for sustainable proteins from customers requiring thousands of metric tonnes of product.

  • Co-founder Franziskus Schnabel highlighted the strategic partnerships that will accelerate the commercialization of their technology and superfood raw materials.

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Kynda secures €3M Seed for alternative meat

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