Monde Nissin (MONDE) of bilyonaryo Betty Ang has made a token investment in another fungi-based alternative meat product.
MONDE disclosed that it has invested $2 million (around P108 million) for a 1.89 percent stake in Terramino, Inc.
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The California-based firm is engaged in research, development and commercialization of food products made from koji, a type of fungus used as a natural flavor enhancer and meat substitute.
MONDE had previously invested P39 billion for a British meat alternative, Quorn, which is derived from a natural micro-fungus called Fusarium Venenatu.