Novo Holdings co-leads €40m fundraising to scale MATR Foods’ production of organic plant-based meat alternatives
- Financing co-led by Novo Holdings and EIFO
- Proceeds to fund the scaling and internationalisation of MATR’s clean label plant products
- Includes the development of new 4,000-tonne plant, expected to be operational by 2027
Copenhagen, Denmark, 21 October 2025 – MATR Foods (MATR), the leader in next generation fermented plant-based meat alternatives, today announced the successful completion of its €40m fundraise, including €20m in Series A equity and €20m in venture debt – the largest secured by a food tech company in Denmark. The fundraising was co-led by existing investor Novo Holdings and incoming investor the Export and Investment Fund of Denmark (EIFO), alongside debt from the European Investment Bank (EIB).
