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Kynda raised €3M in seed funding led by Enjoy Ventures to expand production of mycoprotein-based meat made from food waste.

PRIVATEFeb 13, 2025

Amount Raised

€3 Million

Round Type

Seed

UelzenBiotechnologyFood and BeverageFood Processing

Investors

Clima NowPHW GroupC.E.L.L. InvestmentEnjoy Ventures

Description

German food tech startup Kynda has secured €3M in a seed funding round to enhance its mycoprotein production capabilities. The funding, supported by investors including Enjoy Ventures, Clima Now, and PHW Group, will be used to scale up their fermentation technology.

Quick answer

Kynda raised €3 Million in a Seed round, dated February 13, 2025. Investors: Clima Now, PHW Group, C.E.L.L. Investment and Enjoy Ventures. Kynda is based in Uelzen, Lower Saxony, Germany.

How much did Kynda raise?
Kynda raised €3 Million in a Seed round on February 13, 2025.
Who invested in Kynda?
Clima Now, PHW Group, C.E.L.L. Investment and Enjoy Ventures are named as investors in this round.
What does Kynda do?
Kynda is a German food tech startup founded in 2019 that focuses on producing mycoprotein-based meat from upcycled food waste.
Where is Kynda based and how big is it?
Kynda is based in Uelzen, Lower Saxony, Germany. Fundz records about 11 employees.

Source: Fundz verified event record.

Who else raised in Food and Beverage and Food Processing around the same time

Companies in the same sectors as Kynda that raised within 45 days of this round, from Fundz verified event records.

  • Vivici raised $34M (Series A) on February 24, 2025.
  • Pizza Wings raised $2.8M (Funding Round) on March 25, 2025.
  • Brevel raised $5M (Seed) on March 24, 2025.
  • Actual Veggies raised $7M (Series A) on March 2, 2025.
  • Dispersa raised $4.6M (Seed) on February 25, 2025.
  • MOA Foodtech raised $15M (Grant) on February 19, 2025.

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Company Information

Company

Kynda

Location

Uelzen, Lower Saxony, Germany

About

Kynda is a German food tech startup founded in 2019 that focuses on producing mycoprotein-based meat from upcycled food waste. The company utilizes a submerged biomass fermentation process to transform sidestreams from the food industry into a sustainable protein alternative. Their technology produces mycelium protein rapidly, boasting lower greenhouse gas emissions compared to traditional plant-based proteins. Kynda aims to meet increasing demand for sustainable and nutritional protein sources in various applications, from vegan meat alternatives to animal feed.

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