Innomy

innomylabs.com ↗ ·Bilbao ·Pre-Series A

Innomy is a Bilbao-based foodtech company developing meat alternatives from mushroom mycelium combined with biotechnology. Rather than using mycelium as an ingredient, it cultivates the final mycelium structure to produce whole-cut, cholesterol-free protein products without added texturisers, and also provides customised R&D services to food companies exploring fungi-based protein production. Founded in 2021 by Argentine scientists and entrepreneurs and located at the Bizkaia Science and Technology Park, the company went through the Rockstart AgriFood and Spain Foodtech (Eatable Adventures, ICEX, CNTA) acceleration programmes. In September 2022 it raised a €1.3 million seed round from Corporación Cervino, Rockstart, Zubi Capital, Eatable Adventures and CNTA, and it has since received Hazitek R&D and EU FEDER support.

Founded

2021

Founders

Total funds raised

€1.3M

SectorsFoodtech, Alternative Protein, Biotechnology, Mycoprotein Start-up MapFoodtech & Agtech › Alternative protein & novel ingredients

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Founders

Francisco Kuhar

Co-Founder & CSO

Juan Pablo de Giacomi

Co-Founder & CEO

Pablo Sánchez Rey

Co-Founder & COO

Global models 5

Nature's Fynd

United States · www.naturesfynd.com ↗

Grows a fungal protein by fermentation and sells it as branded consumer food products, a similar fungi-based alternative-protein model.

$510MComparable

Meati

United States · meati.com ↗

Grows mycelium into whole-cut, cutlet- and steak-style meat alternatives without relying on texturisers, the closest match to Innomy's approach.

$360MComparable

ENOUGH

United Kingdom · www.enough-food.com ↗

Produces fermented mycoprotein (ABUNDA) as a meat-alternative protein and sells it to food companies, which is similar to Innomy's B2B fungi-protein work.

$160MComparable

Prime Roots

United States · www.primeroots.com ↗

Makes whole-muscle-style deli meats and charcuterie alternatives from koji mycelium, cultivating the mycelium structure itself instead of using it only as an ingredient.

$60MComparable