Welcome Green Monsters! We're your online guide to making conscious choices that help people, animals and the planet.
Download food monster: the biggest, baddest, yummiest vegan food app!
single

SUBSCRIBE TO OUR Newsletter

  GET FOOD MONSTER AppX

Exciting news in the plant-based food space! Recently, we shared the news that MycoTechnology, a Colorado-based food technology start-up, is making protein out of fermented shitake mushroom protein. Well now, MycoTechnology has closed on their Series B round of financing … and has secured a total of $42 million!

Last month the company announced they closed at $35 million, which caught the attention of other top investors. “These additional investors provide the strategic expertise to help us execute our vision of feeding an exponentially growing population with a sustainable protein source,” Alan Hahn, CEO and Co-Founder of MycoTechnology, told PR News Wire.

Not has MycoTechnology secured $42 million to bring their sustainable protein to the masses, the company also signed a lease on an 86,000 square foot commercial facility in Aurora, Colorado to produce, PureTaste. MycoTechnology also recently struck a global distribution deal with Naturex, a leading natural ingredients company. The mushroom protein will now be marketed by the company to the food and dietary supplements market.

The Pure Taste protein is very concentrated at 77-80 percent by dry weight and the mushroom protein’s DIAAS (Digestible Indispensable Amino Acid Score) which is 1 – that fact makes it comparable with animal protein. It has zero cholesterol, is low in calories, fat, sugar, and carbohydrates, but high in beta-glucans. It also has all essential amino acids. PureTaste has a cereal taste and a neutral aroma, making the product ideal for new product development. The commercial facility will initially be able to produce 4,000 metric tons of PureTaste per year.

This is another example of the innovation happening in the protein space as more companies recognize that animal-based protein isn’t where consumers are looking. We’ve seen other plant proteins, such as pea, come to the forefront of the vegan food space and mushroom protein has the potential to show that there are a variety of ways to create healthy, sustainable protein options that can help shift our food system away from factory farming. We can’t wait to see what MycoTechnology does next!

To learn more about the environmental impact of our food choices as well as trends and developments in the plant-based food space, check out our podcast #EatForThePlanet with Nil Zacharias.

Image source: frgetmenot/Flickr

Want to read more posts like this? Sign up for our newsletter below!​

Browse through some recent posts below:

Photo of Happy Pit Bull Getting Kisses From Curious Cows Will Shatter Your Stereotypes About Animals

Affectionate Cows Kiss Pit Bull, Proving That Stereotypes About Animals Are Just Plain Wrong

Tiny Elephant Who Desperately Ran After His Family But Got Lost Is Now Safe (PHOTOS)

Japan Is Illegally Hunting Whales Yet Again — Let’s Get the U.N. to Step In and Stop These Global Crimes!

Sweet Story of Molly, a Formerly Abused Pit Bull, Shows Why Breeding Dogs Is Never Okay (PHOTOS)


Disclosure: One Green Planet accepts advertising, sponsorship, affiliate links and other forms of compensation, which may or may not influence the advertising content, topics or articles written on this site. Click here for more information.

One comment on “Vegan Mushroom Protein That’s Comparable to Animal Protein Is Taking Over Thanks to New Investment”

Click to add comment
Marie Niclair-Morelli
29 Days ago

Just eat the mushrooms! I say! No need to process it??


Reply
Elina Faurschou
1 Months Ago

Benn Samuels


Reply
Fanny Blum
1 Months Ago

Jonas Söderqvist


Reply
Jonas Söderqvist
23 Oct 2017

Coolt

You have CAT to be Kitten me right MEOW
1 Months Ago

Thank god we now have vegan mushrooms.


Reply
Lori Thompson
1 Months Ago

Quorn is already using this. How is this new?


Reply
Burton Blazek
23 Oct 2017

Quorn isn't vegan and uses single celluar mycoprotien. this is fermented shiitakes. seems like itd taste better i haven't eaten Quorn in years theyre food is gross

Keri Stephens
23 Oct 2017

Quorn now has vegan products

Miguel Angel De La Cruz
1 Months Ago

Ana Lucía Estrella


Reply
Geri Landeros
1 Months Ago

Anna Anderson


Reply
Ali Gelo
1 Months Ago

Surely it is just mushroom protein. No need for the vegan part


Reply
Jeff Biss
1 Months Ago

I can\'t wait until these alternative protein and meat (lab grown) products prove to be far more sustainable and cheaper to produce than the holocaust sourced meat that people eat today. We need to end the holocaust that is the meat industry.


Reply


Subscribe to our Newsletter




Follow us on


Do Not Show This Again

×

Submit to OneGreenPlanet


Terms & Conditions ×
  GET FOOD MONSTER APPX