Matr Foods secures €20m in Series A to scale up production
Yahoo Finance·2025-10-21 21:32
Danish alternative-meat start-up Matr Foods is looking to scale up production after raising €20m ($23.2m) in a Series A funding round. Alongside the funding, the food tech company completed a previously agreed €20m venture debt facility from the European Investment Bank. The equity financing was co-led by existing backer Novo Holdings and new investor the Export and Investment Fund of Denmark, the Copenhagen-headquartered group said in a statement. Matr Foods plans to use the proceeds to expand fermenta ...