"Our products have been received overwhelmingly well by chefs, restaurants, and consumers, clearly confirming the appetite for cleaner, healthier, and more juicy alternatives to meat," says Randi Wahlsten, chief executive officer and co-founder of MATR.
"We are thrilled that the EIB, with its strong support, enables us to take the production to scale as fast as possible," adds Wahlsten. The funding will enable the Danish company to build a first-of-its-kind plant for the production of clean-label plant-based meat alternatives.
MATR Foods combines microbiology and gastronomy to create new solutions to some of the world's biggest challenges - the climate, biodiversity, and health crises.
MATR's products are made from a shortlist of all-natural ingredients commonly found in the Nordic region and are low in fat compared with previous-generation meat alternatives.
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