Infinite Roots (formerly Mushlabs) — Cyborg Score 8/10

Strong
Precision Fermentation

Strategic Profile

The company uses liquid fermentation technology to grow mycelia for alt-protein and meat replacement products; edible mushroom mycelium provides complete and balanced nutrition with an umami flavor, fed using byproducts from the agrifood industry in a highly circular process using far less water and space than traditional meat rearing. Mycelium fermentation is emerging as a megatrend in the food industry, ranking alongside plant-based and cultured meat.

Cyborg Score Rationale

Strong Series B funding (€53M, January 2024) from blue-chip strategic investors including Haribo's HRH; growing team (~70 employees as of May 2026); proprietary fermentation technology with clear sustainability advantages. Limited public operating data and longer scaling timeline vs. plant-based competitors create some execution risk.

Top Insights

  • January 2024 €53M Series B was largest mycelium investment in Europe, led by Haribo's holding company and European Commission EIC Fund
  • Proprietary fermentation process grows complete protein in 4-5 days on food/agricultural byproducts, enabling year-round indoor production with minimal land/water use
  • Rebranded from Mushlabs to Infinite Roots in November 2023 to reflect broader mycelium-based product platform beyond meat replacements
  • Strategic investor syndicate includes major food players (REWE Group, Betagro Ventures) signaling near-term commercial pathway and retail distribution ambitions

Named Competitors

  • Beyond Meat — Plant-based meat alternatives using pea protein and binders
  • Impossible Foods — Plant-based meat using soy leghemoglobin
  • Kynda — Fermentation-based protein alternative
  • Pacifico — Alternative protein company

Recent Developments

  • (January 2024) Closed €53M Series B led by Dr. Hans Riegel Holding (Haribo parent) with participation from EIC Fund, REWE Group, and others
  • (November 2023) Company rebranded from Mushlabs to Infinite Roots
  • (May 2026) Headcount reached ~70 employees as of latest employee count reporting

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