{"id":97849,"date":"2021-09-29T07:19:00","date_gmt":"2021-09-29T05:19:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=97849"},"modified":"2021-09-29T14:15:13","modified_gmt":"2021-09-29T12:15:13","slug":"oslo-startup-secures-funds-for-fungi-food-and-materials-solutions","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/oslo-startup-secures-funds-for-fungi-food-and-materials-solutions\/","title":{"rendered":"Oslo Startup Secures Funds For Fungi Food and Materials Solutions"},"content":{"rendered":"\n\n\n
\"\"
NoMy is harnessing fungal mycelium to develop sustainable materials and foods.<\/em> Source: Greenqueen.com<\/a><\/figcaption><\/figure><\/div>\n\n\n\n

NoMy<\/a> has raised an undisclosed amount of capital in its seed funding round, which attracted a number of Norwegian VCs including We Are Human, TRK, StartupLab Founders and Firda. The Oslo-based company says that the fresh funds will go towards its ongoing R&D on \u201cfuture green materials\u201d, as well as novel foods and alternative proteins made using mycelium. <\/p>\n\n\n\n

Mycelium alternatives<\/strong><\/h3>\n\n\n\n

Founded in 2020, NoMy leverages mycelium, the root-like filaments derived from mushrooms. The startup\u2019s name, NoMy, is an abbreviation for Norwegian Mycelium, representing its offering of a locally sourced fungi solution that is produced sustainably and with minimal resources. <\/p>\n\n\n\n

\u201cLocally produced, using local resources, with no agricultural land, no chemicals,\u201d says the company, the brainchild of Ingrid Dynna and David Andrew Quis. \u201cAnd at a fraction of the ecological footprint.\u201d<\/p>\n\n\n\n

While Dynna comes from a tech background, with 15 years of experience at companies like Google and YouTube, Quis \u200b\u200bis a microbiologist and the man behind the award-winning organic Oslo restaurant Hr\u00edmnir.<\/p>\n\n\n\n

Using fungal mycelium, NoMy wants to create a wide range of sustainable alternatives, such as biocomposites, novel proteins and alternatives to plastic. It plans to take a B2B approach for its go-to-market strategy. <\/p>\n\n\n\n

\u201cWe strive to forge innovative partnerships that not only enhance our key technology developments, but create circular business solutions by leveraging underutilized biological and industrial resources.\u201d<\/p>\n\n\n\n

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Mycelium prototype developed by NoMy. Source: Greenqueen<\/a><\/figcaption><\/figure><\/div>\n\n\n\n

Growing cost-efficient and renewable alternatives<\/strong><\/h3>\n\n\n\n

For NoMy, mycelium has enormous disruption potential across multiple industries because of its scalability and affordability. <\/p>\n\n\n\n

In a blog post about the firm\u2019s mission in the realm of alternative materials, co-founder Quis writes: \u201cWhat if instead of fabricating these everyday materials from fossil fuels, we could make them from local, renewable resources? What if, instead of making them at all, we could grow them, at a competitive price and a fraction of the environmental footprint?\u201d<\/p>\n\n\n\n

\u201cWhat if, in other words, our materials could replicate and regenerate nature, rather than exploiting and harming it?,\u201d he continues. \u201cIn the face of products that contribute disproportionately to the planet\u2019s problems, we\u2019re working on a bold idea that will create truly circular and sustainable alternatives.\u201d<\/p>\n\n\n\n

As mycelium gains traction as a sustainable solution, there\u2019s now a growing number of companies developing new fungi-powered products. In the realm of alternative proteins, players like Meati Foods<\/a>, AtLast<\/a> and Libre Foods<\/a> are working on creating whole-cut animal-free meats like steak, bacon and jerky. <\/p>\n\n\n\n

Material innovators such as MycoWorks<\/a> and Bolt Threads<\/a>, on the other hand, are creating vegan leather alternatives from mushrooms and have been backed by fashion brands like Lululemon, Adidas and Stella McCartney.<\/p>\n\n\n\n

<\/p>\n\n\n\n

About green queen<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"

NoMy has raised an undisclosed amount of capital in its seed funding round, which attracted a number of Norwegian VCs including We Are Human, TRK, StartupLab Founders and Firda. The Oslo-based company says that the fresh funds will go towards its ongoing R&D on \u201cfuture green materials\u201d, as well as novel foods and alternative proteins made […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"NoMy has announced the closing of a seed funding round to accelerate its fungi-powered sustainable solutions. Based in Oslo, the Norwegian startup uses fungal mycelium to develop alternatives for everything from food to materials, such as alternative meat and bioplastics","footnotes":""},"categories":[5572],"tags":[5847,12430,17609,12575],"supplier":[9862,19095,10095,19098,15976,19096,13955,19091,14842],"class_list":["post-97849","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-bioplastics","tag-buildingmaterial","tag-mycelium","tag-nutrition","supplier-adidas-group","supplier-atlast-food-co","supplier-bolt-threads","supplier-libre-foods","supplier-lululemon-athletica","supplier-meati-foods","supplier-mycoworks","supplier-nomy","supplier-stella-mccartney"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/97849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=97849"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/97849\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=97849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=97849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=97849"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=97849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}