About Mycotech Lab
Mycotech Lab is a Real Estate & Construction company based in Bandung (Indonesia) founded in 2015 by Arekha Bentangan, Adi Reza Nugroho, Ronaldiaz Hartantyo, Annisa Wibi, and Robby Zidna Ilman. It operates as a mycelium-based composite materials are manufactured for sustainable applications. Mycotech Lab has raised $1.2 million across 3 funding rounds from investors including European Union, Fashion For Good and Lifely. Its chief executive is Adi Reza Nugroho. Mycotech Lab offers products and services including Mylea™, MYCL™ Composite, and BioBinderlessBoard. Its focus areas include Real Estate and Construction, Green Buildings, Construction Materials and Composite Boards. Its competitors include Ecovative, Mogu and Biohm; 3 of its 3 listed competitors have raised funding.
Company details
Mycotech Lab was established in 2015 in Bandung, Indonesia, within the biotechnology and materials sector. Composite materials derived from mycelium are produced, emphasizing fungal-based alternatives to traditional synthetics. Operations involve research and manufacturing processes tailored to eco-friendly composites. The company is co-founded by Adi Reza Nugroho as CEO, alongside Arekha Bentangan, Ronaldiaz Hartantyo, Annisa Wibi, and Robby Zidna Ilman. Activities are based in Indonesia, targeting applications in packaging and construction.
- Total Equity Funding$1.2M (USD)
in 3 rounds
- Latest Funding Round$1.2M (USD), Seed
Sep 2022
- InvestorsEuropean Union
& 7 more
Products & Services of Mycotech Lab
Mycotech Lab offers a comprehensive portfolio of products and services, including Mylea™, MYCL™ Composite, and BioBinderlessBoard.
Mushroom-based material mimicking leather for customizable textures.
Mycelium-grown composite for shaped utilities and designs.
Non-adhesive board from mycelium byproducts for architecture.
Funding Insights of Mycotech Lab
Mycotech Lab has successfully raised a total of $1.2M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.2 million completed in September 2022. 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 $1.2M
- Total Rounds 3
- Last Round Seed — $1.2M
- First Round $58,340
(Jun 2018)
- Investors Count 8
All 3 funding rounds of Mycotech Lab with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | $1.2M | Seed | – | – | |
| Sep 2018 | $58,006 | Grant | – | – | |
| Jun 2018 | $58,340 | Grant | – | – |
8 investors in total: 8 institutional.
Investors in Mycotech Lab
Mycotech Lab has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Fashion For Good and Lifely.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on ag-tech and food-tech sectors | – | agfunder.com | San Francisco, United States | |
Limited information is provided about TLA's activities. | – | tla.com.sg | - | |
Venture capital and acceleration are provided for climate tech sectors. | – | third-derivative.org | Boulder, United States | |
Rumah Group is engaged in sustainable investments and philanthropy. | – | rumahgroup.com | Singapore, Singapore | |
Government agency and accelerator focusing on innovative startups and SMEs | – | eicfund.eu | Brussels, Belgium | |
Fashion innovation services are provided to the industry. | 2017 | fashionforgood.com | Amsterdam, Netherlands | |
Garden monitoring sensors are manufactured and distributed by Lifely. | 2014 | lifely.cc | Sassari, Italy | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Mycotech Lab
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Mycotech Lab
5 people are tracked at Mycotech Lab (5 in leadership).
| Name | Role | Group |
|---|---|---|
Arekha Bentangan | Co-Founder | Leadership |
Adi Reza Nugroho | Co-Founder & CEO | Leadership |
Ronaldiaz Hartantyo | Co-Founder | Leadership |
Annisa Wibi | Co-Founder | Leadership |
Robby Zidna Ilman | Co-Founder | Leadership |
Complete people profiles for Mycotech Lab
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Timeline of Mycotech Lab
3 dated milestones of Mycotech Lab across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Mycotech Lab is founded.
- Funding First funding round of $58K.
- Funding Latest funding round, Seed, of $1.2M.
Competitors of Mycotech Lab
Mycotech Lab has 3 listed competitors in our database, 3 of them funded. They include Ecovative, Mogu and Biohm, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ecovative.com | 2007 | Albany, United States | $183.93M | 106 | Sustainable biodegradable materials are developed using mycelium technology. | |
| mogu.bio | 2015 | Varese, Italy | $13.35M | – | Mycelium-based solutions for floor tile production are provided by Mogu. | |
| biohm.co.uk | 2017 | London, United Kingdom | $8.32M | 11 | Mycelium-based building materials are manufactured from agricultural waste. |
Detailed competitors of Mycotech Lab
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Web traffic of Mycotech Lab
Websites that share an audience with Mycotech Lab (mycl.bio).
Websites whose visitors overlap most with Mycotech Lab. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
 idsnmow.blogspot.com | idsnmow.blogspot.com | 100% | – | #9,578,192 | – |
Top companies in Green & Smart Buildings
10 companies that operate in the same segment as Mycotech Lab (Green & Smart Buildings), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Company specializing in sustainable and net-zero building practices | 2015 | Gurugram, Haryana, India | USD 14.71 M | USD 2.62 M | 79 | |
HVAC optimization technologies for chiller equipment and facilities are provided. | 2012 | Singapore, Singapore | USD 32.76 M | USD 6.71 M | – | |
Lifecycle assessment software is provided for construction and manufacturing sectors. | 2001 | Helsinki, Finland | USD 43.78 M | – | – | |
Developer of green buildings | 2019 | Vienna, Austria | USD 369.13 M | – | – | |
Green building construction services are provided by the company. | 1997 | New York, New York, United States | – | – | – | |
Global design and build services for corporate workplaces focusing on sustainability and employee wellbeing. | 2001 | Bengaluru, Karnataka, India | – | – | – | |
Bamboo-based building materials such as panels and veneers are manufactured. | 2013 | Bradenton, Florida, United States | USD 635 K | USD 1.9 M | 107 | |
Developer of green buildings | 2013 | Newport Beach, California, United States | – | – | – | |
Zero-carbon concrete materials are manufactured for green buildings. | 2021 | Boulder, Colorado, United States | USD 14.25 M | – | – | |
Real estate developer of residential properties | 1985 | Scottsdale, Arizona, United States | – | USD 5.86 B | 1,900 |
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Frequently Asked Questions about Mycotech Lab
Mycotech Lab was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Mycotech Lab is headquartered in Bandung, Indonesia. It is registered at Bandung, West Java, Indonesia.
Adi Reza Nugroho is the current CEO of Mycotech Lab. They have also founded this company.
Mycotech Lab is a funded company, having raised a total of $1.2M across 3 funding rounds to date. The company's 1st funding round was a Grant of $58.34K, raised on Jun 2018.
Mycotech Lab was established in 2015 in Bandung, Indonesia, within the biotechnology and materials sector. Composite materials derived from mycelium are produced, emphasizing fungal-based alternatives to traditional synthetics. Operations involve research and manufacturing processes tailored to eco-friendly composites. The company is co-founded by Adi Reza Nugroho as CEO, alongside Arekha Bentangan, Ronaldiaz Hartantyo, Annisa Wibi, and Robby Zidna Ilman. Activities are based in Indonesia, targeting applications in packaging and construction.
Mycotech Lab offers Mylea™, MYCL™ Composite, and BioBinderlessBoard.
Mycotech Lab has 8 investors. Key investors include European Union, Fashion For Good, Lifely, AgFunder, and TLA.