Fungu’it raises €4m to scale up fungi-based natural flavour production

€4M in Funding Fuels Fungu’it's Push to Reimagine Flavor from Waste

Dijon-based startup Fungu’it has closed a €4 million funding round to scale up its pioneering use of solid-state fungal fermentation to create natural, sustainable flavorings from agricultural by-products. The investment, led by Astenor Ventures with participation from Evolem and UI Investissement via Oser BFC, will support the construction of an industrial pilot plant, expansion of the commercial team, and further development of the company’s p…

France-based Fungu'it secures €4M in funding

Dijon, France-based Fungu’it has secured €4M in a funding round led by Asterion Ventures to advance its fermentation-based natural flavouring technology. Founded in 2022, the foodtech startup aims to transform agricultural by-products into natural flavourings through solid-state fungi fermentation. Anas Erridaoui joined forces with Jeanne Baudevin to build Fungu’it, and they were subsequently joined by Cyrille Viossat. The funding will enable Fu…

Fungu’it raises €4m to scale up fungi-based natural flavour production

French food-tech start-up Fungu’it has secured €4 million in funding to accelerate industrial-scale production of its natural flavourings made from agricultural by-products.

This Startup Got $4.6M To Turn Food Waste & Fungi Into Plant-Based Meat Flavourings

France's Fungu'it has secured $4.6M in funding to scale its technology that turns food waste into natural flavours for meat and cocoa alternatives.