MATR

MATR Foods is a food technology company that produces fungi-based plant food ingredients through traditional fungi fermentation of Nordic organic vegetables, legumes, and grains, creating healthy, climate-friendly food with deep umami flavor and a juicy, tender bite. The company's process uses five organic ingredients sourced from Nordic farms including oats, split peas, lupins, beetroot, and potatoes, which are transformed by adding natural fungi spores that spread hyphae throughout the ingredients during fermentation, binding everything together and naturally creating deep umami flavor without additives, heavy processing, or artificial ingredients. MATR's product line includes MATR Mince for versatile cooking applications, MATR Patty for burger and sandwich preparations, and MATR Block for stir-fry and curry dishes, with products available in 53 locations across Denmark. The company leverages fermentation not just as a preservation method but as a tool for transformation, using fungi to unlock the full potential of flavor while minimizing waste by utilizing plant sidestreams. The fermentation process creates a juicy texture, firm bite, and deep umami flavor naturally, producing a new generation of natural plant food that is unenhanced by additives and untouched by heavy processing. MATR Foods serves consumers through retail locations and provides recipes demonstrating versatile culinary applications. Founded in 2021 and headquartered in Copenhagen, Denmark, MATR Foods has raised $23.3M in Series A funding from investors including the European Investment Bank, Novo Holdings, Danmarks Eksport og Investeringsfond, and the BioInnovation Institute.

Food Tech > Novel Foods > Food Ingredients > Diversified > Fungi Based

Company Wise > McKinsey