/Companies

Mycoworks

Emeryville, US · Founded 2013 · Delaware corporation · 130 employees on LinkedIn · 15 known investors

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MycoWorks produces Reishi, a premium biomaterial made from Fine Mycelium, used as a sustainable leather alternative in furniture, design, and automotive products. The company works with designers, studios, and brands such as Ligne Roset and Cadillac to create finished goods.

Founders & leadership

Mycoworks was founded in 2013 by Philip Ross.

PR
Philip RossCo-Founder, CTO2013–2023Philip Ross is co-founder and principal investigator at Open Fungi, an organization focused on fungi technology and materials, and co-founded MycoWorks in 2013 to develop mycelium-based biomaterials. His work has been exhibited at major institutions including the Venice Biennial of Architecture and the Nobel Prize Museum.
ML
Michael LindheimExecutive
MSMatthew Scullin
Matthew ScullinCEO2017–2025Matthew Scullin holds a Ph.D. from UC Berkeley and has founded and led multiple materials science companies, including Alphabet Energy (a thermoelectric materials firm acquired by Synergy Fuels) and co-founded Snow Diamonds, a lab-grown diamond producer. He joined MycoWorks as CEO, developing mycelium-based biomaterials and establishing production facilities that serve clients including Hermès and General Motors.
EP
Eddie PavluFounder
PR
Phil RossFounder
SW
Sophia WangFounder

Board

KSKiersten Stead
Kiersten SteadBoard Member2019–2025Managing Partner, DCVC Bio at DCVC (Data Collective)
TG
Thomas GrotkjaerBoard director

Investors · 15

Reported raises · per SEC filings

Form D private placements

$220.6M disclosed across 4 of 5 rounds · 2019–2022

▶$37.1MraisedJun 2023 · 11 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Patrick ThomasDirector
  • Gaetano CrupiDirector
  • Tjerk de RuiterDirector
  • Kiersten SteadDirector
  • Stephen van HeldenDirector
  • Matthew ScullinExecutive Officer, Director
Offering amount
$63.1M
Amount sold
$37.1M
First sale
Oct 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$125MraisedApr 2022 · 17 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Kiersten SteadDirector
  • Patrick ThomasDirector
  • Matthew ScullinExecutive Officer, Director
  • Anders Bendsen SpohrDirector
  • Tjerk de RuiterDirector
Offering amount
$125M
Amount sold
$125M
First sale
Jan 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$44.8MraisedNov 2021 · 32 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael LindheimExecutive Officer
  • Kiersten SteadDirector
  • Thomas GrotkjaerDirector
  • Philip RossDirector
  • Matthew ScullinExecutive Officer, Director
Offering amount
$44.8M
Amount sold
$44.8M
First sale
Oct 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$13.8MraisedNov 2021 · 31 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Philip RossDirector
  • Chris HillDirector
  • Michael LindheimExecutive Officer
  • Matthew ScullinExecutive Officer, Director
Offering amount
$13.8M
Amount sold
$13.8M
First sale
May 2019
Incorporated
Corporation, Delaware
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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Companies working in the same space as Mycoworks.

In the news

Frequently asked questions

What does Mycoworks do?
MycoWorks produces Reishi, a premium biomaterial made from Fine Mycelium, used as a sustainable leather alternative in furniture, design, and automotive products. The company works with designers, studios, and brands such as Ligne Roset and Cadillac to create finished goods.
Who founded Mycoworks?
Mycoworks was founded by Philip Ross in 2013.
Who are Mycoworks's investors?
Mycoworks's investors include ATEL Ventures, DCVC (Data Collective), Hemisphere Ventures LLC, Valor Equity Partners, Wireframe Ventures, 8VC, AgFunder, DCVC Bio and 7 more.
How much funding has Mycoworks raised?
Mycoworks has disclosed $220.6M raised across 4 of its 5 known rounds.
Where is Mycoworks headquartered?
Mycoworks is headquartered in Emeryville, US.