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
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
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- Legal Name Mushroom Material Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Seed
Aug 08, 2024
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Investors
Wavemaker Partners
& 4 more
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Employee Count
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Biodegradable material made from mycelium for eco-friendly protection and waste reduction.
Pellets supplied for manufacturing sustainable packaging alternatives.
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $5.0M
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First Round
First Round
(08 Aug 2024)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Seed - Mushroom Material | Valuation | Wavemaker Partners , SEEDS Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in early-stage technology companies are made by Wavemaker Partners.
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Founded Year | Domain | Location | |
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PE fund focused on high growth companies of New Zealand
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Founded Year | Domain | Location | |
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Black Kite Capital is based in Singapore as an investment office.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mushroom Material
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mushroom Material
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mushroom Material Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sustainable biodegradable materials are developed using mycelium technology.
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| domain | founded_year | HQ Location |
Sustainable packaging materials from fungi and organic waste are developed.
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| domain | founded_year | HQ Location |
Serves as a manufacturer of fashion apparel.
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| domain | founded_year | HQ Location |
Biodegradable packaging is developed from agricultural residues using mycelium.
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| domain | founded_year | HQ Location |
Mycelium-based packaging products are developed and supplied as sustainable alternatives.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mushroom Material
Frequently Asked Questions about Mushroom Material
When was Mushroom Material founded?
Mushroom Material was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is Mushroom Material located?
Mushroom Material is headquartered in Auckland, New Zealand.
Is Mushroom Material a funded company?
Mushroom Material is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Seed of $5M, raised on Aug 08, 2024.
What does Mushroom Material do?
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.
Who are the top competitors of Mushroom Material?
What products or services does Mushroom Material offer?
Mushroom Material offers Mushroom Material Packaging and Raw Mycelium Pellets.
Who are Mushroom Material's investors?
Mushroom Material has 5 investors. Key investors include Wavemaker Partners, Icehouse Ventures, Black Kite Capital, SEEDS Capital, and K1W1.