Mycoworks Raises $125 Million Series C Financing To Fund Mass Production Of Fine Mycelium™
01/13/22, 6:00 AM
Money raised
$125 million
Round Type
series c
Today, MycoWorks announced a $125M Series C funding round led by Prime Movers Lab, with participation from new investors SK Networks and Mirabaud Lifestyle Impact & Innovation Fund, in addition to other new and existing investors. The Series C funding round will be used to launch the first full-scale Fine MyceliumTM production plant to meet the growing demand for the company's materials, including MycoWorks' flagship product, ReishiTM.
Company Info
Additional Info
In 2013, co-founders Philip Ross and Sophia Wang formed MycoWorks, a San Francisco-based biomaterials company dedicated to bringing new mycelium materials to the world. MycoWorks' patented Fine Mycelium technology, an advanced manufacturing platform and breakthrough in materials science, engineers mycelium during growth to form proprietary, interlocking cellular structures for unparalleled strength and durability.