Germany
Kynda, founded in 2019 and headquartered in Germany, is carving a niche in the Food and Beverage industry with its innovative approach of transforming agricultural by-products into mycoprotein. With its slogan, "Turning agricultural by-products into mycoprotein for the food and pet-food industry," the company emphasizes its commitment to providing sustainable protein alternatives.
Their proprietary fermentation method is notable for its efficiency, as it produces mycelium with more than 40% protein and up to 50% cell-bound oil in dry matter within just 24 hours. This process not only offers a competitive edge over traditional plant-based proteins in terms of cost but also taps into a growing demand for sustainable and eco-friendly protein sources.
Kynda's latest funding round, a €3.00M seed investment on 19 February 2025, highlights the confidence of investors such as Clima Now, PHW Group, Enjoy Ventures, and C.E.L.L. Investment in the company's potential for growth and industry disruption. The backing from these prominent investors underscores the viability of Kynda's business model and its scalability potential within the rapidly evolving alternative protein sector.
