Gothenburg's Millow secures €2 million to scale its clean-label protein production from oats and mycelium, led by investor Magnus Emilson.
Amount Raised
€2 Million
Round Type
Seed
SwedenManufacturingFood and BeverageAgriculture and FarmingFood ProcessingInvestors
Description
Millow has closed a €2 million funding round to expand its production capacity and scale its commercial team for the Nordic foodservice market. The funding round was led by angel investor Magnus Emilson and included participation from several key strategic investors. This investment will enable Millow to serve foodservice customers at needed volumes while enhancing its market presence. The company produces fungi-based protein ingredients through innovative fermentation of Swedish oats.
Quick answer
Millow raised €2 Million in a Seed round, dated August 13, 2026. Investors: Jan Enhager and Magnus Emilson. Millow is based in Sweden.
- How much did Millow raise?
- Millow raised €2 Million in a Seed round on August 13, 2026.
- Who invested in Millow?
- Jan Enhager and Magnus Emilson are named as investors in this round.
- What does Millow do?
- Swedish food-tech start-up Millow produces clean label fermented protein products made from Nordic oats and mycelium for the foodservice industry.
- Where is Millow based and how big is it?
- Millow is based in Sweden. Fundz records about 15 employees.
- Who are the decision-makers at Millow?
- Fundz holds 4 contacts at Millow, including the Chairman of the Board. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Food and Beverage and Agriculture and Farming around the same time
Companies in the same sectors as Millow that raised within 45 days of this round, from Fundz verified event records.
- Ferm Labs raised $3.5M (Seed) on September 14, 2026.
- Phytokana Ingredients raised $277K (Seed) on July 10, 2026.
- Greencovery raised $1.2M (Seed) on September 14, 2026.
- Provilac raised $14M on September 11, 2026.
- Endovia Health Sciences, Inc. raised $108K (Funding Round) on August 28, 2026.
- Synlait Milk Ltd raised $216M (Debt Financing) on August 28, 2026.
Who to call at Millow, and when
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- An alert the day Millow raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Millow, from your own LinkedIn network
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Related People
Millow raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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