Novo Holdings invests in MATR Foods' expansion within plant-based fungi food [Yahoo! Finance]
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Novo Nordisk A/S (NVO)
Last novo nordisk a/s earnings: 2/5 01:31 am
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Source: Yahoo! Finance
Established in Copenhagen in 2021, MATR specialises in developing organic innovative plant-based meat alternatives using traditional fungal fermentation techniques. Locally sourced organic ingredients like oats, split peas, lupins, beetroots, and potatoes are transformed into patties and mince with a juicy texture and meaty flavour, offering a nutritious and sustainable alternative without the need for additives or heavy processing. The company's flagship product, MATR Fungi Mince, is made entirely from natural ingredients grown in Scandinavia. Rich in protein and fibre and low in fat, the product has an amino acid profile like meat, but with a carbon footprint of just 1.4 kg CO e per kg, which is 94% lower than that of beef. Currently MATR's customer base comprises several B2B contracts with restaurant chains in Denmark including Gasoline Grill and Sticks & Sushi and with the online supermarket Nemlig.com. The new financing will enable MATR to scale up its production capacity in
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NVO
Earnings
- 5/3/24 - Beat
NVO
Sec Filings
- 7/2/24 - Form 6-K
- 6/26/24 - Form 6-K
- 6/24/24 - Form 6-K
- NVO's page on the SEC website