When was MATR founded?

MATR was founded in 2021 and raised its 1st funding round 3 years after it was founded.

Where is MATR located?

MATR is headquartered in Copenhagen, Denmark.

Who is the current CEO of MATR?

Randi Wahlsten of MATR. They have also founded 1 company.

How many employees does MATR have?

As of Aug 31, 2026, the latest employee count at MATR is 50.

Is MATR a funded company?

MATR is a funded company, having raised a total of $23.3M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 01, 2024.

When was the latest funding round of MATR?

MATR's latest funding was a $***** Series A round on Oct 21, 2025, with participation from 2 investors.

Where does MATR rank among its competitors?

MATR ranks 1st amongst 1 active competitors, only 1 of which is funded. MATR, which secured $23.3M in Oct, 2025.

MATR - 2026 Company Profile, Team, Funding & Financials

MATR is a series A company based in Copenhagen (Denmark), founded in 2021 by Randi Wahlsten and Line Kloster Pedersen. It operates as a Provider of fungi-based food ingredients. MATR has raised $23.3M in funding from Novo Holdings and Danmarks Eksport og Investeringsfond.

Company Details

Provider of fungi-based food ingredients. It offers dishes produced from fungi including mushrooms, vegetables, and with fruits. It also creates fungi food from veggies and plant sidestreams.

Website: matrfoods.com
Email ID: *****@matrfoods.com

Key Metrics

Founded Year

2021

Location

Copenhagen, Denmark

Stage

Series A

Total Funding

$23.3M in 4 rounds

Latest Funding Round

Series A, Oct 21, 2025, $*****

Investors

Novo Holdings & 3 more

Ranked

1^st among 1 active competitor

Employee Count

50 as on Aug 31, 2026

Similar Companies

Michroma & 2 more

View MATR's full profile

MATR is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Matr Foods ApS CIN: 42362093 , Denmark, Active	Jan 04, 2021	-	26 (As on Nov 30, 2024)

MATR has raised a total funding of $23.3M over 4 rounds. Its first funding round was on Jul 01, 2024. Its latest funding round was a Series A round on Oct 21, 2025 for $*****. 2 investors participated in its latest round. MATR has 4 institutional investors.

Here is the list of recent funding rounds of MATR:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 21, 2025	1203263	Series A	5135516	7304399	4775233	3330877
Oct 21, 2025	9658633	Venture Debt	8582433	2867789	2185903	European Investment Bank
Sep 13, 2024	6936953	Venture Debt	4579647	7434331	2924832	European Investment Bank