Saturday, November 23, 2024

£1.5m investment to see plant-based food manufacturer launch UK’s ‘greenest burger’

A plant-based food manufacturer is set to launch “Britain’s greenest burgers” following a £1.5m investment.

MYCO’s plant-based protein, Hooba, is produced from vertically farmed oyster mushrooms grown at the firm’s new production site in North Yorkshire.

The purpose built 20,000 sq ft complex is the only site in Britain where the protein is both farmed and produced under the same roof – meaning MYCO’s meat-free products create zero food miles.

The sustainable range will be available to the trade by the end of March 2024 following the “significant” seven-figure cash injection that’s allowed the firm to move into full production.

“The investment is a real game-changer as it has allowed us to move full steam ahead with our full range,” said MYCO Chairman John Shepherd. “We are currently meeting with buyers and the initial noises are incredibly positive.

“The goal is a trade launch in March, followed by a national rollout in supermarkets across the UK over the course of the year. That’s an exciting launch and one which will place Hooba among the biggest plant-based protein products in the market.”

Having initially launched in Darlington, MYCO moved into the new unit in November 2023 ahead of a scaling-up of the business which is expected to create 70 new jobs over the next few years.

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