MycoWorks
Latest round
- Series C
Last raised
- Jan 2022
Total raised
- $201M
Investors
- 19
About MycoWorks
MycoWorks, Inc. specializes in innovative mycelium materials, offering sustainable alternatives to leather through their flagship product, Reishi™.MycoWorks, Inc. is a company that produces sustainable mycelium-based materials, particularly known for their product, Reishi™. Founded in 2013 in Emeryville, US, the company has made significant advancements in its field.MycoWorks specializes in the production of innovative materials derived from mycelium, notably through their flagship product, Reishi™. This advanced material serves as a sustainable alternative to traditional leather, designed to meet the high standards of luxury brands while addressing environmental concerns associated with animal leather production. The Reishi™ product line includes applications in various industries such as fashion, furniture, and automotive, showcasing its versatility and aesthetic appeal. MycoWorks collaborates with a diverse clientele, including renowned design firms and automotive manufacturers, to integrate Reishi™ into high-performance products.MycoWorks generates revenue through direct sales of its mycelium-based products, particularly the Reishi™ line, to both B2B and B2C clients. The transaction structure includes partnerships with retailers and wholesalers, allowing for broader distribution of their materials within the luxury segment. Clients interested in incorporating Reishi™ into their products engage with MycoWorks to establish tailored agreements that may involve bulk purchasing arrangements or exclusive collaborations. The company has strategies in place for upcoming product launches and intends to expand its presence in new geographic markets. Specific targets include increasing its influence in North American and European markets, particularly in regions that are design-centric and prioritize sustainability. MycoWorks aims to solidify its position in these markets by launching innovative products that cater to the growing demand for eco-friendly materials in various industries.
Who invested in MycoWorks
19 investors across 5 rounds
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Questions about MycoWorks
Who invested in MycoWorks?
MycoWorks has 19 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has MycoWorks raised?
MycoWorks has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did MycoWorks last raise money?
MycoWorks's most recent round on record is a Series C, in Jan 2022.
What does MycoWorks do?
MycoWorks is a materials company.
Where is MycoWorks headquartered?
MycoWorks is headquartered in Emeryville, US.
Which VCs invest in companies like MycoWorks?
Among active investors with capital left to deploy, Kimmeridge, GEF Capital Partners, S2G Ventures and EnCap Investments back materials companies at MycoWorks's stage. Their profiles are linked below.
VCs backing materials startups at Series C
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