MycoTechnology

FoodSeries EAurora, USmycoiq.com

Latest round

Series E

Last raised

Mar 2022

Total raised

$145M

Investors

32

About MycoTechnology

MycoTechnology, Inc.Founded in 2013 in Aurora, US, MycoTechnology specializes in the application of innovative fermentation technology to enhance food and beverage products. The leadership team includes co-founders Alan Hahn, Jim Langan, and Pete Lubar, with Jordi Ferre serving as CEO.MycoTechnology specializes in developing innovative ingredient solutions derived from fungi, aimed at transforming the food and beverage industry. Their core product offerings include ClearIQ™ Natural Flavor, ClearHT™ Natural Flavor, and Honey Truffle Sweet Protein, all designed to enhance flavor profiles, reduce sugar content, and improve the overall taste and functionality of food products. These solutions cater to various uses, such as mitigating off-notes, creating plant-based meat analogues, and developing clean-label products that meet consumer demands for healthier options.MycoTechnology's revenue model operates through partnerships and direct business-to-business transactions with food and beverage companies. Clients engage with the firm to incorporate its flagship products into their production processes, facilitating seamless integration of their innovative flavor and ingredient solutions. Transactions typically involve bulk purchases of the company's natural flavor products and sweet proteins, tailored to meet the specific needs of individual clients, including product customization and consultation services. The company aims to launch its products in European, Asian, and Middle Eastern markets as priorities.

Who invested in MycoTechnology

32 investors across 6 rounds

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Funding rounds

  1. Series E

    Mar 30, 2022

    Amount

    $23M

    Investors

    Locked

  2. Series D

    Jan 17, 2020

    Amount

    $47M

    Investors

    Locked

  3. Series C

    Aug 31, 2018

    Amount

    $23M

    Investors

    Locked

  4. Series B

    Oct 18, 2017

    Amount

    $7M

    Investors

    Locked

  5. Series B

    Aug 14, 2017

    Amount

    $35M

    Investors

    Locked

  6. Series A

    Jul 30, 2015

    Amount

    $9.2M

    Investors

    Locked

Questions about MycoTechnology

Who invested in MycoTechnology?

MycoTechnology has 32 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has MycoTechnology raised?

MycoTechnology has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did MycoTechnology last raise money?

MycoTechnology's most recent round on record is a Series E, in Mar 2022.

What does MycoTechnology do?

MycoTechnology is a food company.

Where is MycoTechnology headquartered?

MycoTechnology is headquartered in Aurora, US.

Which VCs invest in companies like MycoTechnology?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back food companies at MycoTechnology's stage. Their profiles are linked below.

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