4 years ago

ENOUGH Secures £36 Million to Scale Sustainable Protein Production

  • ENOUGH, a Glasgow-based foodtech startup specializing in sustainable protein production, has secured £36 million in Series B funding

  • The round was led by Nutreco and Olympic Investments Inc., with participation from AXA IM Alts, HAL Investments, Tailored Solutions, CPT Capital, and Scottish Enterprise

  • The funding will be used to accelerate expansion and bring ENOUGH's mycoprotein ingredient to market

  • The company aims to provide a sustainable alternative to animal protein, contributing to a more sustainable food system.

    • ProblemFood & Beverage

      "Feeding a growing global population sustainably requires alternative protein sources to traditional animal agriculture."

      Solution

      "ENOUGH provides a scalable, sustainable protein source called ABUNDA mycoprotein, produced by fermenting fungi using renewable feedstocks, offering a viable alternative to meat and dairy products."

      Covered on