Fundraising Fox

Mushroom Material

Techstars '20

Auckland, NZ · Founded 2020 · 12 employees on LinkedIn · 3 known investors

Find your way into Mushroom Material

1,181 people in our graph share verified history with the Mushroom Material team — schools, employers, funds. One of them is your warm intro.

Alex Finkelsteinunlockedknows Jotinder Singh · together at Techstars (overlapped)
×7knows the team · via Techstars
×4knows the team · via Entrepreneur First

Mushroom Material develops sustainable packaging materials from mycelium. The company serves customers seeking alternatives to conventional plastic packaging.

AgTechCircular EconomyCleantechClimate TechNew Materials

Founders & leadership

Mushroom Material was founded in 2020 by Shaun Seaman.

SSShaun Seaman
Shaun SeamaninCEOShaun Seaman is an engineer with background in South Africa, the Middle East, and New Zealand who founded Mushroom Material, a Singapore-based startup developing mycelium-based packaging materials as alternatives to conventional plastic.
JSJotinder Singh
Jotinder SinghinCOJotinder Singh is a mechatronics engineer with seven years of experience in system design, automation, and manufacturing optimization across multiple industrial sectors.
PGPaul Guinibert
Paul GuinibertinCTOHe has 15 years of engineering experience focused on hardware product development, testing, and manufacturing.

Investors · 3

TechstarsBoulder · $220K
SEEDS CapitalreportedSingapore · $250K – $9M
Wavemaker PartnersreportedSingapore · $880K – $20M

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Competitors · 1

by search overlap
Ecovative29 shared keywordsEcovative grows whole-cut meat alternatives and leather-like materials from mycelium using its AirMycelium indoor cultivation platform, which integrates with existing mushroom farming infrastructure. Its products include MyBacon, a sliceable vegan bacon sold in over 3,000 US retail stores, and Forager, a mycelium-based leather substitute in development for fashion and electronics brands.

Companies competing with Mushroom Material for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Mushroom Material raises over US$5 million for eco-friendly Styrofoam alternative - Tech Editiontechedt.com · Aug 2024Singapore-Based Mushroom Material has Raised $5 Million in Seed Round Fundingstartuprise.org · Aug 2024Deals in brief: Mushroom Material secures funding to produce fungi-based styrofoam alternative, UnaBiz closes first pre-Series C round, Evo bags USD 2.1 million, and morekr-asia.com · Aug 2024Mushroom Material Secures $8.5 Million to Revolutionize Packaging with Mycelium-Based Compositesmycostories.com · Aug 2024Mushroom Material raises $8.5m to build Auckland pilot plant - NBR | Business news & analysis | Independent, ad-free reportingnbr.co.nz · Jul 2024

Frequently asked questions

What does Mushroom Material do?
Mushroom Material develops sustainable packaging materials from mycelium. The company serves customers seeking alternatives to conventional plastic packaging.
Who founded Mushroom Material?
Mushroom Material was founded by Shaun Seaman in 2020.
Who are Mushroom Material's investors?
Mushroom Material's investors include Techstars, SEEDS Capital, Wavemaker Partners.
Where is Mushroom Material headquartered?
Mushroom Material is headquartered in Auckland, NZ.