Millow

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Plant-based Meat?
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Manufacturers (beef)
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Millow is a Swedish company that produces meat alternatives using mycelium and oats. The company's products are made with 50% mycelium and 50% Swedish oats, offering a high-protein, easily digestible option free from artificial ingredients, GMOs, binders, and additives. Its production process is designed to be environmentally friendly, producing 97% fewer emissions than beef and 80% fewer than soy.

Millow uses an in-house developed proprietary technology called MUTE (Mycelium Utilized Texture Engineering) for its production process, which allows for greater control and flexibility over the mycelium production process. This technology, combined with in-house S-units and unique bioreactor production, claims to enable Millow to achieve effectiveness and economies of scale faster than other fermentation methods. Further, the company aims to expand its production capacity significantly, with plans to have multiple S-units operational by the end of 2026, each capable of producing 144 tons annually. 

Millow’s product range includes Millow Bites and Mince. According to the company, these are rich in essential amino acids, dietary fiber, vitamins, and minerals. Further, they are suitable for various cooking methods, including frying, baking, barbecuing, and stews and offer a firm texture and chewy bite without the need for added binders.


HQ location:
Västra Frölunda SWE
Founded year:
2020
Employees:
1-10
IPO status:
Private
Total funding:
USD 18.8 mn
Last Funding:
USD 16.2 mn (Series Unknown; Jul 2024)
Last valuation:
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