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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

DSDr. Sandra Carter
Dr. Sandra CarterCo-founder
SFSteve Farrar
Steve FarrarCo-Founder
JA
Jeffrey A. RogersCEO
SRShaun Richmond
Shaun RichmondSVP of Sales
JDJulie Daoust
Julie DaoustChief Science Officer
JH
Jan HallNamed on SEC filing
DC
David CristNamed on SEC filing
ZP
Zack PorterNamed on SEC filing
GB
Gregg BagniNamed on SEC filing
DG
David GisborneNamed on SEC filing

Reported raises · per SEC filings

Form D private placements

$33M disclosed across 3 rounds · 2019–2023

▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗

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.