# MYCEL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mycel

- Industry: Food
- Headquarters: Seoul, South Korea
- Website: www.mycelproject.com
- Total disclosed funding: $1.4M
- Latest round: Seed (Sep 7, 2021)
- Investors on record: 3

## About

Based in Seoul, South Korea, and founded in 2020, MYCEL Inc. produces alternative meat and protein using mushroom mycelium. The company uses alternative materials to reduce carbon emissions and water usage by implementing a bio-based circular economy model.

The company develops and operates an alternative meat brand that uses mycelium mushroom root fermentation technology.

## Funding rounds

- Seed, Sep 7, 2021, $1.4M — Spring Camp, D.CAMP (inactive), We Venture Partners

## Investors

- Spring Camp (https://capitalatlas.ai/funds/spring-camp) — Seed
- D.CAMP (inactive) — Seed
- We Venture Partners (https://capitalatlas.ai/funds/we-venture-partners) — Seed