Accelerating Mycoprotein Production with NoMy’s Innovative Approach to Byproducts

NoMy Japan: Leading Mycoprotein Production in Japan

NoMy Japan, a company based in Sapporo, Japan, is making waves in the food industry by leveraging byproducts from sugar beet production to create mycoprotein, a sustainable protein source. Recently, the company successfully completed a funding round, raising €1.25 million (approximately ¥200 million) from key investors, including Nitten, Japan's largest sugar producer. This strategic investment is poised to accelerate the development of mycoprotein products in Japan, building upon a partnership established in April 2024.

Significant Investment for Sustainable Solutions

The investment from Nitten, a leading company in the sugar industry, is part of a larger commitment to sustainability and innovation. Nitten’s interest in NoMy aligns with their mission to develop high-value products that not only utilize byproducts from sugar production but also contribute to addressing the global protein crisis.

The sugar beet, a major agricultural product in Hokkaido, has a high CO2 absorption capability. By transforming the waste generated during the sugar manufacturing process into mycoprotein, NoMy is not only providing a solution to the looming protein shortage worldwide but is also enhancing the agricultural landscape in Japan's food-producing center, Hokkaido.

A Vision of Sustainable Food Supply

David Andrew Quist, the representative of NoMy Japan, expressed enthusiasm about deepening ties with Nitten as a commercial partner and investor. He emphasized that Nitten’s expertise in sugar production perfectly complements NoMy's mission to create a food system anchored in sustainable practices through fermentation technology.

Norwegian Mycelium AS, NoMy's parent company based in Oslo, Norway, specializes in producing innovative, fungal-based solutions aimed at sustainability. By innovatively transforming organic waste into valuable resources such as mycoprotein, NoMy is paving the way for a more sustainable protein industry, reflecting a commitment to less waste and a regenerative cycle in nature.

Future Prospects and Industry Impact

This collaborative effort signifies not just a fiscal investment but a shared vision for sustainable practices in food production. The synergy between NoMy and Nitten aims at not only enhancing food security in Japan but also contributing to global nutrition solutions, ensuring a steady supply of protein amid increasing population challenges.

Looking forward, the development of mycoprotein technology could revolutionize the food sector, promoting health-conscious eating habits while incorporating environmentally friendly production processes. As these companies progress in their initiatives, stakeholders and consumers can expect to witness a significant shift towards more sustainable food sources.

For media inquiries, please contact Miho Tanaka at tanaka@nomy.no.