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Millow

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Millow
Millow Burgers.png
Private
ISIN🆔
IndustryFoodtech
Founded 📆2020
Founder 👔
Headquarters 🏙️Västra Frölunda, Vastra Gotaland County, Sweden
Area served 🗺️
Members
Number of employees
🌐 WebsiteMillow.co
📇 Address
📞 telephone

Millow is a Swedish food technology company founded in 2020 that develops meat alternatives using mycelium and oats.[1][2]. The company employs a dry fermentation process to produce mycelium-based products that aim to serve as alternatives to traditional meat[3][4].The technology behind these products is based on research conducted by Professor Mohammad Jafar Taherzadeh at the University of Borås, focusing on the application of mycelium in sustainable food production[5][6].

In 2023, Millow was awarded a €2.4 million grant from the European Innovation Council (EIC) Accelerator, along with up to €15 million in potential equity funding through the EIC Fund's blended finance scheme. These funds are designated for scaling up the company’s production capacity and establishing a new production facility[7][8][9][10][11]

See also[edit]

References[edit]

  1. Watson, Elaine (2023-02-28). "Mycelium + oats = Millow: Swedish startup emerges from stealth with minimally-processed meat alternative". AgFunderNews. Retrieved 2024-02-20.
  2. "Introducing Millow: "The Purest Meat Analog Ever" Made of Mycelium and Oats - vegconomist - the vegan business magazine". 2023-03-03. Retrieved 2024-02-20.
  3. Southey, Flora (2023-03-17). "Fungi and oat hybrid makes 'completely new protein' for alternative meat sector". foodnavigator.com. Retrieved 2024-02-20.
  4. "Swedish startup Millow seeking to raise €6.3M to popularise meat substitutes". www.techarenan.news (in svenska). 2023-03-06. Retrieved 2024-02-20.
  5. Kjellsson, Anna. "Research on fungi behind technology for new sustainable meat substitute". Högskolan i Borås. Retrieved 2024-02-20.
  6. Renmark, Agneta. "Smarta sporer ska få fler att välja vego". Sweden Food Arena (in svenska). Retrieved 2024-04-25.
  7. "EIC Accelerator - European Commission". eic.ec.europa.eu. 2024-04-30. Retrieved 2024-05-24.
  8. "EIC Accelerator" (PDF).
  9. "Millow Awarded €2.4M EU Grant to Scale Whole Food Mycelium-Oat Meat Alternatives - vegconomist - the vegan business magazine". vegconomist.com. 2024-07-31. Retrieved 2024-10-01.
  10. Watson, Elaine (2024-07-29). "Minimally processed alt meat startup Millow nets $2.6m EIC grant, plans new facility". AgFunderNews. Retrieved 2024-10-01.
  11. Ameri, Jan (2024-08-01). "Swedish startup lands €2.4 million grant to boost production of innovative meat alternatives - ArcticStartup". arcticstartup.com. Retrieved 2024-10-01.

External links[edit]




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