Fungi-based food startup Enough just secured $43.5 million (40 million euros) in growth funding.
Glasgow-based Enough, founded in 2015, ferments fungi to create an alternative to animal-based meat known as mycoprotein.
Its neutral flavor and meaty texture mean it can be used to create a range of plant-based meat, fish, and dairy products.
The plant-based meat industry has stagnated in recent years with the likes of Beyond Meat reporting lower sales and Meatless Farm going into administration.
For example, one in five Burger King Whoppers sold in Germany is plant–based while plant-based startup This was recently named the fastest-growing food brand in the UK.
Persons:
Jim Laird, he's, Laird, Whoppers, Beef
Organizations:
World Fund, Burger, Unilever, British, Capital, European, CPT Capital
Locations:
Scottish, Quorn, Glasgow, Germany, soya, Netherlands