🍄 New in Funding: Mycoprotein startup bags €24 million

💸 California-based Ohalo came out of stealth armed with $100 million in funding for its ‘boosted breeding’ technology, which ensures the progeny of two plants will receive their parents’ entire genome, a potential game changer in the crop breeding world.

🍄 Finnish startup Enifer raised €24 million to build a commercial-scale facility for its versatile Pekilo mycoprotein, which it expects to commercialise in 2026 following EU novel food approval.

⌛️ Nory, based in Dublin and London, secured $16 million Series A funding. Its AI-powered operating system for hospitality businesses is designed to improve efficiency by centralising key operational data and offering venue demand predictions by the hour.

🇱🇹 Lithuanian startup PIXEVIA raised €15 million for its technology platform, which is the first to provide real-time receipts in AI-driven stores, alongside an app-free, tap-in/tap-out shopper experience.

🍪 US-based Chip City Cookies secured $7.5 million Series B funding from Enlightened Hospitality Investments to enter new markets and expand into Pennsylvania before the end of the year.

🐄 AgriWebb raised $7.2 million from Germin8 Ventures, Grosvenor Food & AgTech, Telus Ventures and Munters Group. Its software-as-a-service model collects data from the field and cowshed to provide farm mapping, grazing management, and inventory tracking.

🍝 ItalPasta is set to receive C$1.7 million from the Canadian government to triple the production capacity of its made-in-Canada pasta products alongside reducing its energy consumption and carbon footprint.

🧀 Danish vegan cheese startup FÆRM secured €1.3 million from BioInnovation Institute’s Venture House program to license its patented production method that mimics dairy fermentation.

🌎 Peruvian Veef raised $320,000 in its first funding round, having developed a range of 11 plant-based products inspired by Latin American cuisine, which are competitively priced at less than half the cost of some imported alternatives.