M2 Ingredients
Carlsbad, US · Nevada corporation
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M2 Ingredients (formerly Mushroom Matrix) grows and produces certified organic functional mushroom ingredients for supplement, food, and beverage brands, operating a 155,000 sq ft cultivation facility in Vista, CA. The company focuses on evidence-based product development and scientific research into functional mushrooms such as Cordyceps.
Founders & leadership
Reported raises · per SEC filings
Form D private placements$33M disclosed across 3 rounds · 2019–2023
▶$25.8MraisedJan 2024 · 26 investors · OtherRule 506(b)
▶$25.8MraisedJan 2024 · 26 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Lew TurnquistDirector
- Jason WinshipDirector
- David GisborneDirector
- Sandra CarterExecutive Officer, Director
- Blair KellisonDirector
- Offering amount
- $25.8M
- Amount sold
- $25.8M
- First sale
- Dec 2023
- Incorporated
- Corporation, Nevada
- Federal exemptions
- 06b
▶$2.3MraisedMar 2021 · 3 investors · OtherRule 506(b)
▶$2.3MraisedMar 2021 · 3 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Jan HallExecutive Officer, Director
- Mike FataDirector
- Gregg BagniDirector
- Jim TaylorDirector
- David CristExecutive Officer
- Sandra CarterDirector
- Offering amount
- $2.6M
- Amount sold
- $2.3M
- First sale
- Jul 2019
- Incorporated
- Corporation, Nevada
- Federal exemptions
- 06b
▶$5MraisedJan 2021 · 6 investors · OtherRule 506(b)
▶$5MraisedJan 2021 · 6 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Jan HallExecutive Officer, Director
- David CristExecutive Officer
- Zack PorterDirector
- Gregg BagniDirector
- David GisborneDirector
- Sandra CarterDirector
- Offering amount
- $5M
- Amount sold
- $5M
- First sale
- Dec 2020
- Incorporated
- Corporation, Nevada
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Frequently asked questions
- What does M2 Ingredients do?
- M2 Ingredients (formerly Mushroom Matrix) grows and produces certified organic functional mushroom ingredients for supplement, food, and beverage brands, operating a 155,000 sq ft cultivation facility in Vista, CA. The company focuses on evidence-based product development and scientific research into functional mushrooms such as Cordyceps.
- Who founded M2 Ingredients?
- M2 Ingredients was founded by Dr. Sandra Carter, Steve Farrar.
- How much funding has M2 Ingredients raised?
- M2 Ingredients has disclosed $33M raised across 3 rounds.
- Where is M2 Ingredients headquartered?
- M2 Ingredients is headquartered in Carlsbad, US.



