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There's a new vegan meat on the market, and it comes from the waste of flour mills and protein extraction plants.
Kynda, a German company, says it can convert food processing waste into mycelium, a protein with "outstanding nutritional value," reports FoodTech Weekly.
The protein, which is high in protein, fibers, and essential amino acids, is used in vegan meat, and the company says it can be used with "multiple feedstock sources" and installed anywhere, "regardless of weather or climate."
Kynda says it has received a non-dilutive grant from Germany's Ministry of Food and Agriculture to advance a project to produce mycelium more efficiently and at scale using its fermentation platform and waste side streams.
"This partnership is an example of how innovative technology can be used to address some of the biggest challenges facing the food industry today and highlights the importance of collaboration between research institutions and private companies," the company says on its website.
Kynda says it is the first company to provide clients with low-cost "plug-and-play" bioreactors, starter cultures, and operational support for biomass fermentation to produce edible mycelium.
The company says it has already opened a $4 million seed round and is looking to
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Building a Million Dollar Company Where Everyone Counts
Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.
