Founded in 2022, Germany’s Pacifico Biolabs has closed a €7 million Series A funding round.
The food ingredient supplier has developed a mycelium fermentation process specifically to be used in brewery tanks that are no longer making beer.
It gives it an asset-light approach to alternative protein that it says will help cut costs and increase food security.
Germany’s food ingredient supplier Pacifico Biolabs has closed a €7 million Series A funding round to make meat alternatives in disused or underutilised brewery tanks.
Founded in 2022, the company is tackling what it says is a broken protein supply chain while also aiming to increase “European protein sovereignty” by using existing infrastructure to secure the future of food.
