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Bmcingredients
West Sacramento, US · Founded 2018 · 46 employees on LinkedIn · 5 known investors
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BMC Ingredients produces Rhiza, a mycelium-based ingredient that serves as a whole-food, complete protein and clean-label additive for food manufacturers. It is used in animal-free products, as a meat enhancer to improve nutrition and mouthfeel, and as a protein and fiber boost in supplements and baked goods.
Also known as BMC Ingredients · The Better Meat Co.
Founders & leadership
Bmcingredients was founded in 2018 by Paul Shapiro.
Board
Investors · 5
How we know: Evolution VC Partners's portfolio page · evolutionvcp.com · Not right? Tell us
How we know: Future Ventures's portfolio page · board seat on SEC Form D · press coverage · the VCSheet dataset · Not right? Tell us
How we know: Lever VC's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: press coverage · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$37M disclosed across 2 rounds · 2020–2025
▶$31.4MraisedNov 2025 · 30 investors · OtherRule 506(b)
- Glenn HickmanDirector
- Beena GoldenbergDirector
- Paul ShapiroExecutive Officer, Director
- Nikhil PrasharExecutive Officer
- Pamela MarroneDirector
- Steve JurvetsonDirector
- Offering amount
- $31.6M
- Amount sold
- $31.4M
- First sale
- Aug 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5.6MraisedMar 2020 · 31 investors · OtherRule 506(b)
- Paul ShapiroExecutive Officer, Director
- Stu StrumwasserDirector
- Brian OttensDirector
- Milena EsherickDirector
- Offering amount
- $9.8M
- Amount sold
- $5.6M
- First sale
- Jan 2020
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026The Better Meat Co., which markets its ingredient business as BMC Ingredients, produces Rhiza, a mycelium-based food ingredient positioned as a whole-food, complete protein with a clean label. Rhiza is described as versatile, shelf-stable, free from common allergens, and cost-effective, and is offered in more than one physical format for different food applications.
In granule form, Rhiza is used to provide chew and structure, both in animal-free products and as an enhancer blended into animal meat, where the company states it improves nutrition and mouthfeel while reducing saturated fat, cholesterol, and calories. The company also states that Rhiza is more cost-effective than beef. In powder form, the ingredient is used to increase protein and fiber content in nutrition supplements and baked goods.
Business model
The company operates as a business-to-business ingredient supplier, selling its Rhiza mycelium ingredient to food producers for incorporation into their own finished products, including both animal-free applications and conventional meat products.
▸Full profile — market position, technology, go-to-market
Market position
Rhiza is recognized as Generally Recognized as Safe (GRAS) by the FDA and, according to the company, is the only mycelium ingredient deemed by the USDA as safe and suitable for inclusion in animal meat. The company also positions the ingredient as costing less than beef while functioning as a meat enhancer rather than solely a meat substitute.
Technology
The company's core technology is a mycelium-based protein ingredient, Rhiza, supplied as granules or powder. The company describes Rhiza as an all-natural, whole-food complete protein that is shelf-stable and free from common allergens, with granules delivering texture and structure and powder used for protein and fiber fortification.
Go-to-market
The company markets Rhiza directly to food industry customers through its website, emphasizing ingredient functionality, nutritional profile, cost, and regulatory clearances, alongside video content from its CEO outlining the company's vision for mycelium-based food.
Food manufacturers and product developers, including makers of animal-free meat alternatives, conventional meat products seeking to blend in mycelium, and producers of nutrition supplements and baked goods.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Related companies · 5
Companies working in the same space as Bmcingredients.
▸Research sources · 1
primary sources listed
- Bettermeatbettermeat.co · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Bmcingredients do?
- The Better Meat Co. makes Rhiza, a high-protein mycelium ingredient for meat enhancement and animal-free foods.
- Who founded Bmcingredients?
- Bmcingredients was founded by Paul Shapiro in 2018.
- Who are Bmcingredients's investors?
- Bmcingredients's investors include Evolution VC Partners, Future Ventures, Green Circle Foodtech Ventures, Lever VC, EPIC VENTURES.
- How much funding has Bmcingredients raised?
- Bmcingredients has disclosed $37M raised across 2 rounds.
- Where is Bmcingredients headquartered?
- Bmcingredients is headquartered in West Sacramento, US.