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Norwegian Mycelium (NoMy) logo — Innovating the next generation of sustainable foods and feed...

Norwegian Mycelium (NoMy)

Innovating the next generation of sustainable foods and feeds

Founded 2020 Norway Norway 17 employees Seed Biotechnology

General Information

Company Name Norwegian Mycelium (NoMy)
Founded Year 2020
Location Norway Norway +1
Founders / Decision Makers
Team member
Employees 17
Industries Biotechnology
Funding Stage Seed
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About Norwegian Mycelium (NoMy)

Norwegian Mycelium (NoMy) is a biotechnology startup based in Norway, founded in 2020. The company's slogan, "Innovating the next generation of sustainable foods and feeds," encapsulates its mission to transform the food industry. NoMy utilizes fermentation technology to convert food industry side streams into high-value ingredients, harnessing the power of fungi to achieve this. Their fungal fermentation technologies have been proven, scalable, and cost-effective, signaling potential for significant industry impact. The most recent milestone for NoMy was the Seed Round investment which took place on 01 January 2023, with the investment coming from Farvatn Venture. This funding round is indicative of the confidence that investors have in the potential of NoMy's innovative approach to sustainable food production. The company's focus on leveraging microbes to bring about significant change in the food and feed industry aligns with the growing global emphasis on sustainable practices and alternative food sources. NoMy's ability to attract investment in a competitive market showcases the perceived value of its technology and its potential to disrupt traditional food production methods.

Taxonomy: sustainable foods, feeds, fungal fermentation, high-value ingredients, sustainable agriculture

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 1
Investor
01 Jan 2023
Seed Round •••••• 4
Investor Investor Investor
•••• •••• 		14 Sep 2021

Norwegian Mycelium (NoMy) Alternatives & Competitors

Norwegian Mycelium (NoMy) vs
Greentech Innovators
Greentech Innovators Norway

Greentech Innovators (GTI) converts Organic Sidestreams into valuable Fermentation Substrates.

Seed
8 employees
Norwegian Mycelium (NoMy) vs
Cauldron Ferm
Cauldron Ferm Australia

Biomanufacturing unlocked.

Series A
20 employees
Biotechnology
Norwegian Mycelium (NoMy) vs
ULTIMEAT
ULTIMEAT

Ultimeat® 1st innovative precision biotech fermentation Malaysian company that produces meat replace...

9 employees

FAQ About Norwegian Mycelium (NoMy)

Innovating the next generation of sustainable foods and feeds
Norwegian Mycelium (NoMy) was founded in 2020.
Norwegian Mycelium (NoMy) is headquartered in Norway.
Norwegian Mycelium (NoMy) operates in the following industries: Biotechnology.
Norwegian Mycelium (NoMy) has approximately 17 employees.
Norwegian Mycelium (NoMy) has completed 2 funding rounds. The latest funding stage is Seed.
Top alternatives and competitors to Norwegian Mycelium (NoMy) include Greentech Innovators, Cauldron Ferm, ULTIMEAT, FERMWORX, planetary. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Norwegian Mycelium (NoMy) and Greentech Innovators are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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