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MYKA

Dining · 175+ locations · Madrid-based; Europe, Latin America, Middle East, US (NYC, Miami)

MYKA is the Madrid-born Greek froyo phenomenon that opened 175+ stores in three years. It's still founder-controlled, but growth equity now backs a four-continent franchising pace no one else in the category matches.

Investor-backedDisplacement RiskFounder-run

The Big Picture

Mixed Picture

MYKA is the frozen yogurt revival at maximum velocity: founded in Madrid in 2023 by chef Natalia Morales and entrepreneur Javier Ezquerro, 175-plus stores opened across 23-plus countries in three years, and growth equity from MSC 3 Capital fueling four-continent franchising since August 2025. The founders retain majority control, and that's real — but a franchise machine this fast means wages, sourcing, and standards are set shop-by-shop across dozens of countries with nothing published about any of it. The product story is artisanal; the structure is expansion math.

Let's Get Critical

Local ownership
6/10
Founder involvement
8/10
Worker pay & benefits
6/10
Environmental impact
4/10
Sourcing & labor
4/10

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Company data last updated July 2026

How does one person build and research all this? They don't: here's how it actually works. Verdicts are our opinions, based on the public sources cited above as of July 2026. Spotted something off? or learn more.