Quorn secured £18 million ($24 million) from its parent company to support its turnaround efforts. This funding aims to enhance Quorn's growth and market presence.
Jul 24, 2025•9 days ago
Amount Raised
$24 Million
Investors
Filipino Parent Company
Description
Mycoprotein pioneer Quorn has successfully secured an £18 million ($24 million) investment from its Filipino owner. This influx of capital is intended to support the company's turnaround efforts and growth strategy. The funds will be used to bolster Quorn's position in the competitive food market. This funding round reflects the growing interest in plant-based protein solutions.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech