Food tech company The Protein Brewery raises €18 million

The Protein Brewery was founded in 2010 and is based in Breda. The company develops sustainable food ingredients based on the fermentation of fungi, using this process to produce the protein product Fermotein. The company focuses on creating nutrient-rich alternatives to animal proteins that are suitable for various food applications. The technology utilizes mycelium to efficiently produce proteins and fibers with a low ecological footprint. With Fermotein, food manufacturers can develop products such as sports nutrition, snacks, dairy substitutes, and functional foods. The product contains all essential amino acids and is designed as a sustainable and scalable ingredient.

The new investment will be used to further scale up production capacity to industrial volumes. In addition, the company intends to expand its commercial activities in Europe following approval as a novel food. Investments are also being made in scientific research into the health benefits of the product. Furthermore, work is underway to obtain approvals in new international markets such as Canada and Australia. Moreover, the funding supports the further development of the innovation platform surrounding Fermotein. Finally, the goal is to position The Protein Brewery as a key player in the global protein transition.