Hassan Mahmudul, Investment Manager at UKI2S says, "Adamo's whole-cut meat product has the potential to be highly differentiated in the market compared to current plant-based alternatives. I am excited to see this product in the market."
Pierre Dupuis, Founder and CEO of Adamo Foods, comments, "This is a pivotal moment for Adamo. We're thrilled to have such experienced investors with deep foodtech expertise on board. This funding will allow us to scale our production to pilot-scale and bring our clean-label products closer to consumers."
With its proprietary fermentation process, the UK company produces long, densely packed fibers of mycelium, closely replicating the muscle structure of whole-cut meat. This results in a tender, flavorful fungi steak made from just five natural ingredients, free from plant off-notes and artificial binders like methylcellulose.
The company says its steaks are nutritionally superior, being high in protein and fiber, with zero cholesterol, and boasts an impressive 93 per cent reduction in greenhouse gas emissions compared to conventional beef.
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