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Myco Technology
Aurora, US · Founded 2013 · 29 known investors
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MycoTechnology develops food and beverage ingredients using mushroom mycelial fermentation, creating flavor modulation and sugar-reduction solutions for formulators, chefs, and R&D professionals. Founded in 2013, the company focuses on cleaner-label, better-tasting ingredients for the food industry.
Also known as Myco · Myco Technology · MycoTechnology · MycoTechnology, Inc.
Founders & leadership
Myco Technology was founded in 2013 by Brooks Kelly and Alan Hahn.
Board
Investors · 29
How we know: Cerity Partners Ventures's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: CIBUS ENTERPRISE FUND II LP's portfolio page · Not right? Tell us
How we know: Evolution VC Partners's portfolio page · Not right? Tell us
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How we know: GreatPoint Ventures's portfolio page · Not right? Tell us
How we know: Hemisphere Ventures LLC's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: advanceventures.com · Not right? Tell us
How we know: Nourish Ventures's portfolio page · Not right? Tell us
How we know: S2G Investments's portfolio page · board seat on SEC Form D · funding news · advanceventures.com · Not right? Tell us
How we know: Seventure Partners's portfolio page · advanceventures.com · Not right? Tell us
How we know: Siddhi Capital's portfolio page · research · theplantbasemag.com · Not right? Tell us
How we know: Timeless Partners Ventures's portfolio page · Not right? Tell us
How we know: Tyson New Ventures's portfolio page · Not right? Tell us
How we know: funding news · Not right? Tell us
How we know: funding news · advanceventures.com · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: funding news · research · theplantbasemag.com · Not right? Tell us
Also in the syndicate · 8
Reported raises · per SEC filings
Form D private placements$185.8M disclosed across 8 of 9 rounds · 2014–2022
▶$61.8MraisedOct 2021 · 11 investors · Other TechnologyRule 506(b)
- Brian LoebDirector
- Jim AlderlinkExecutive Officer
- Robert CaseDirector
- Jonathan JachimiecExecutive Officer
- Sanjeev KrishnanDirector
- Jim EllisExecutive Officer
- Mary Breen SmithExecutive Officer
- Alan HahnExecutive Officer, Director
- Oxana KukhanevaDirector
- Anthony ClarkExecutive Officer
- Scott HornerDirector
- Pete LubarExecutive Officer
- Bruno DuboisExecutive Officer
- Fay Chu FongExecutive Officer
- Ibrahim Al EisriDirector
- Doug ToughDirector
- Avishek RaoDirector
- Rick BeckerExecutive Officer
- Offering amount
- $100M
- Amount sold
- $61.8M
- Minimum investment
- $1
- First sale
- Sep 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$48.2MraisedJan 2021 · 19 investors · Other TechnologyRule 506(b)
- Alan HahnExecutive Officer, Director
- Scott HornerDirector
- Sanjeev KrishnanDirector
- Oxana KukhanevaDirector
- Christian OkoyeDirector
- Robert CaseDirector
- Doug ToughDirector
- Anthony ClarkExecutive Officer
- Rick BeckerExecutive Officer
- Jonathan JachimiecExecutive Officer
- Bruno DuboisExecutive Officer
- Pete LubarExecutive Officer
- Fay Chu FongExecutive Officer
- Mary Breen SmithExecutive Officer
- Jim AlderinkExecutive Officer
- Offering amount
- $48.6M
- Amount sold
- $48.2M
- Minimum investment
- $1
- First sale
- Jan 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$7MraisedDec 2018 · 3 investors · Other TechnologyRule 506(b)
- Jonathan JachimiecExecutive Officer
- Scott HornerDirector
- Kojo Ako-AsareDirector
- Pete LubarExecutive Officer
- Alan HahnExecutive Officer, Director
- Sanjeev KrishnanDirector
- Robert CaseDirector
- Bruno DuboisExecutive Officer
- Fay Chu FongExecutive Officer
- Doug ToughDirector
- Oxana KukhanevaDirector
- Mary Breen SmithExecutive Officer
- Rick BeckerExecutive Officer
- Anthony ClarkExecutive Officer
- Offering amount
- $7M
- Amount sold
- $7M
- Minimum investment
- $2M
- Finders' fees
- $275K
- Placement agents
- Rabo Securites USA, Inc.
- First sale
- Dec 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$23.5MraisedSep 2018 · 13 investors · Other TechnologyRule 506(b)
- Dan ArvizuDirector
- Alan HahnExecutive Officer, Director
- Doug ToughDirector
- Rick BeckerExecutive Officer
- Anthony ClarkExecutive Officer
- Scott HornerDirector
- Jonathan JachimiecExecutive Officer
- Bruno DuboisExecutive Officer
- Sanjeev KrishnanDirector
- Pete LubarExecutive Officer
- Oxana KukhanevaDirector
- Robert CaseDirector
- Offering amount
- $30M
- Amount sold
- $23.5M
- Minimum investment
- $1
- First sale
- Aug 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$34.9MraisedSep 2017 · 16 investors · Other TechnologyRule 506(b)
- Alan HahnExecutive Officer, Director
- Sanjeev KrishnanDirector
- Ephraim LindenbaumDirector
- Scott HomerDirector
- Pete LubarExecutive Officer, Director
- Oxana KukhanevaDirector
- Offering amount
- $40.3M
- Amount sold
- $34.9M
- Minimum investment
- $1
- Finders' fees
- $1.1M
- Placement agents
- Rabo Securities USA, Inc.
- First sale
- Aug 2017
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$9.2MraisedMar 2016 · 43 investors · Other TechnologyRule 506(b)
- Alan HahnExecutive Officer, Director, Promoter
- Peter LubarDirector
- Sanjeev KrishnanDirector
- Scott HornerDirector
- Ephraim LindenbaumDirector
- Robert SchierDirector
- Offering amount
- $10.1M
- Amount sold
- $9.2M
- First sale
- Jul 2015
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$100KraisedDec 2014 · 2 investors · Other TechnologyRule 506(b)
- Ephraim LindenbaumDirector
- Brooks KellyDirector
- Alan HahnExecutive Officer, Director
- Eric McCartheyDirector
- Offering amount
- $1M
- Amount sold
- $100K
- First sale
- Oct 2014
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$1.1MraisedFeb 2014 · 1 investors · Other TechnologyRule 506(b)
- Alan HahnExecutive Officer, Director
- Ephraim LindenbaumDirector
- Eric McCartheyDirector
- Brooks KellyDirector
- John LaskoDirector
- Offering amount
- $1.1M
- Amount sold
- $1.1M
- First sale
- Feb 2014
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026MycoTechnology is a food ingredient company that uses mushroom mycelial fermentation to create ingredients aimed at improving the taste and nutritional profile of food and beverage products. Its stated positioning is to close the gap between products that taste good and products that are considered good for consumers, using inputs derived from the fungi kingdom.
The company's publicly presented product lines include ClearIQ, a natural flavor and flavor modulation tool kit intended to mask or mitigate off-notes and brighten flavor profiles, and Zukora, a sweet protein derived from honey truffles that the company positions for sugar reduction. Application areas described by the company span flavor enhancement, bitterness and astringency reduction, meat analogue improvement, plant protein solutions, sugar reduction, nutrition, dairy alternatives, and clean-label formulation.
Business model
The company supplies ingredient solutions to food and beverage producers, offering product information, free samples, recipe ideas, and consultations to support formulation, and works with partners and collaborators on culinary and product innovation.
▸Full profile — technology, go-to-market
Technology
Mushroom mycelial fermentation is used to produce ingredients including the ClearIQ natural flavor modulation tool kit and Zukora, a sweet protein the company reports discovering in honey truffles.
Go-to-market
Direct engagement with formulators through consultations, sample requests, and technical product information, supported by partner and collaborator relationships and content marketing such as a newsletter and news updates on mycelial fermentation.
Food and beverage brands and product developers creating menu items, clean-label products, meat analogues, plant protein products, dairy alternatives, and reduced-sugar offerings.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 10
launches, deals, and filingsA third product platform, a 100% fungi-based whole food ingredient for meat alternatives, is to be produced at a new plant in Oman expected to open in late 2025.
The company markets Zukora, a sweet protein discovered in honey truffles and developed as a non-nutritive high-intensity sweetener for sugar reduction.
MycoTechnology appointed Michael Leonard as CEO, succeeding cofounder Alan Hahn, with stated goals of growing revenue and strengthening market position.
FermentIQ plant protein, produced by mycelial fermentation, received Novel Food authorization, allowing sales to European food and beverage manufacturers for the first time.
MycoTechnology and IFF formed a partnership to co-develop alternative proteins in Europe.
Series E round of $85 million brought total funding to more than $200 million; investors included Rage Capital, Siddhi Capital, S2G Ventures, Tyson Ventures, Continental Grain Company, Bunge Ventures and Maple Leaf Foods. The company said it would focus expansion on Europe, Asia and the Middle East.
$85M source ↗
MycoTechnology and Planterra, JBS USA's alternative protein subsidiary, partnered to expand R&D and new plant-based product development.
The Aurora, Colorado production facility and headquarters was named Food Engineering's 2020 Sustainable Plant of the Year, citing water reclamation, vertical fermentation tanks and ventilated production space.
MycoTechnology won first place and a $1 million prize in the 2020 Radicle Protein Challenge by Syngenta.
$1M source ↗
MycoTechnology leased 86,000 sq ft at 18250 E. 40th Ave. in Aurora, building out an existing shell; the site is more than 12 times larger than its prior 7,000 sq ft facility at 3155 N. Chambers Road.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structure▸Research sources · 8
primary sources listed
- Myco Technologymycoiq.com · web
- MycoTechnologymycotechcorp.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Myco Technology do?
- MycoTechnology develops food ingredients from mushroom mycelial fermentation for flavor modulation and sugar reduction.
- Who founded Myco Technology?
- Myco Technology was founded by Brooks Kelly, Alan Hahn in 2013.
- Who are Myco Technology's investors?
- Myco Technology's investors include Bloom8, Cerity Partners Ventures, CIBUS ENTERPRISE FUND II LP, DAO Jones, Evolution VC Partners, Gaingels, GreatPoint Ventures, Hemisphere Ventures LLC and 13 more.
- How much funding has Myco Technology raised?
- Myco Technology has disclosed $185.8M raised across 8 of its 9 known rounds.
- Where is Myco Technology headquartered?
- Myco Technology is headquartered in Aurora, US.