Fundraising Fox

MycoWorks

Emeryville, US · Delaware corporation · 11 known investors

mycoworks.com

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.

BiotechCircular EconomyNew Materialsin /mycoworks@MycoWorksInc

Founders & leadership

PR
Philip RossFounder
ML
Michael LindheimExecutive
MS
Matthew ScullinExecutive

Board

KS
Kiersten Steadin𝕏Board Member2019–2025Managing Partner, DCVC Bio at DCVC (Data Collective)
TG
Thomas GrotkjaerBoard director

Investors · 11

Competitors · 5

by search overlap
Ecovative111 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.
BYJU'S69 shared keywordsBYJU'S offers online learning programs, video lessons, and a personalized learning app for students in India, including tutoring and exam-preparation programs for competitive tests such as JEE and NEET.
MUD\WTR69 shared keywordsMUD\WTR produces a functional tea-based beverage containing mushrooms, spices, and adaptogens designed as an alternative to coffee for sustained alertness and overall wellness. The product targets consumers seeking improved mental and physical performance without caffeine dependency.
Bionity66 shared keywordsBionity.com is a German-language B2B trade portal for the life sciences, biotechnology, and pharmaceutical industries, offering news, trends, supplier directories, job listings, and lab and production solutions. Operated by LUMITOS AG, it serves professionals in industry, research, and science and provides online marketing services to reach this B2B audience.
Om Mushroom Superfood66 shared keywordsOm grows and sells 10 species of organic, non-GMO mushrooms cultivated in-house at its Certified Organic facility, offering full-spectrum, third-party lab-tested mushroom products for health and wellness consumers. The company grows all its mushrooms in the USA.

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

Reported raises · per SEC filings

Form D private placements

$220.6M disclosed across 4 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.

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.
Who are MycoWorks's investors?
MycoWorks's investors include DCVC (Data Collective), Hemisphere Ventures LLC, Wireframe Ventures, 8VC, AgFunder, DCVC, DCVC Bio, Humboldt and 3 more.
How much funding has MycoWorks raised?
MycoWorks has disclosed $220.6M raised across 4 rounds.
Where is MycoWorks headquartered?
MycoWorks is headquartered in Emeryville, US.