Series A · Agritech & Foodtech · Copenhagen, Denmark · Founded 2021 · 10–20 employees
MATR Foods is a Copenhagen-based foodtech startup founded in 2021 that uses traditional fungi fermentation to transform Nordic organic vegetables, legumes and grains into plant-based meat alternatives. The company has developed a clean-label product from just five ingredients (oats, split peas, lupins, beetroots, potatoes) with 94% lower carbon footprint than beef. They secured €40 million in 2024-2025 (Denmark's largest foodtech fundraise) to build a 4,000-ton production facility operational by 2027, with products already selling out monthly across Denmark, Germany and UK restaurants.
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