Mushroom Material

Auckland, New Zealand Founded: 2020 • Age: 6 yrs
Manufacturer of sustainable packaging products
Annual revenue - Latest available
Total funding $5.0M 1 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Mushroom Material

Mushroom Material is a company based in Auckland (New Zealand) founded in 2020. Mushroom Material has raised $5 million across 1 funding round from investors including Wavemaker Partners, Icehouse Ventures and Black Kite Capital. Mushroom Material offers products and services including Mushroom Material Packaging and Raw Mycelium Pellets. Mushroom Material operates in a competitive market with competitors including Ecovative, MadeRight, Maderight, Roha and Grown, among others.

  • Headquarter Auckland, New Zealand
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Mushroom Material Limited
Operational Areas
Industrial Goods & Manufacturing → Packaging & Supply Chain Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5 M (USD), Seed

    Aug 08, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of Mushroom Material

Mushroom Material offers a comprehensive portfolio of products and services, including Mushroom Material Packaging and Raw Mycelium Pellets.

Product name locked
Category locked
Primary

Biodegradable material made from mycelium for eco-friendly protection and waste reduction.

Product name locked
Category locked
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Pellets supplied for manufacturing sustainable packaging alternatives.

People of Mushroom Material

Headcount 1-10
Employee Profiles 4
Employee Profiles
People
Jotinder Singh
Co-Founder & COO
People
Paul Guinibert
Chief Technology Officer
People
Shaun Seaman
Founder & CEO
People
Maxime Barbier
Chemical Engineer

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Funding Insights of Mushroom Material

Mushroom Material has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Seed round of $5 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Mushroom Material

Mushroom Material has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Wavemaker Partners, Icehouse Ventures and Black Kite Capital.

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Venture Fund
Investor Description Founded Year Domain Location
Investments in early-stage technology companies are made by Wavemaker Partners.
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PE fund focused on high growth companies of New Zealand
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Black Kite Capital is based in Singapore as an investment office.
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Investor details for Mushroom Material

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Investments & Acquisitions by Mushroom Material

Investments
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Investment portfolio details for Mushroom Material

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  • Transaction dates
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Financial Statements - Mushroom Material

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Detailed financials for Mushroom Material

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  • Profit trends
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Mushroom Material Comparisons

Mushroom Material Primary company
Description
Manufacturer of sustainable packaging products
Location
Auckland, New Zealand
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Mushroom Material

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Competitors of Mushroom Material

Mushroom Material operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ecovative, MadeRight, Maderight, Roha and Grown, among others.

Company Name Domain Founded year HQ Location Description
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Sustainable biodegradable materials are developed using mycelium technology.
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Sustainable packaging materials from fungi and organic waste are developed.
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Serves as a manufacturer of fashion apparel.
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Biodegradable packaging is developed from agricultural residues using mycelium.
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Mycelium-based packaging products are developed and supplied as sustainable alternatives.
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Detailed competitors of Mushroom Material

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Latest news on Mushroom Material

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Complete news archive for Mushroom Material

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Frequently Asked Questions about Mushroom Material

Mushroom Material was founded in 2020 and raised its 1st funding round 4 years after it was founded.

Mushroom Material is headquartered in Auckland, New Zealand.

Mushroom Material is a funded company, having raised a total of $5M across 1 funding round to date.

Manufacturer of sustainable packaging products. It designs, manufactures, and supplies mushroom-based packaging material. It uses a combination of mycelium and fibrous agricultural waste. Other features include biodegradable, fire-resistant, and waterproof packaging materials.

Mushroom Material's top competitors include Ecovative, Roha and MadeRight.

Mushroom Material offers Mushroom Material Packaging and Raw Mycelium Pellets.

Mushroom Material has 5 investors. Key investors include Wavemaker Partners, Icehouse Ventures, Black Kite Capital, SEEDS Capital, and K1W1.

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