About Mycotech Lab
Mycotech Lab is a company based in Bandung (Indonesia) founded in 2015 by Arekha Bentangan, Adi Reza Nugroho, Ronaldiaz Hartantyo, Annisa Wibi, and Robby Zidna Ilman. Mycotech Lab has raised $1.2 million across 3 funding rounds from investors including European Union, Fashion For Good and Lifely. Mycotech Lab offers products and services including Mylea™, MYCL™ Composite, and BioBinderlessBoard. Mycotech Lab operates in a competitive market with competitors including Ecovative, Mogu and Biohm, among others.
- Headquarter Bandung, Indonesia
- Founders Arekha Bentangan, Adi Reza Nugroho, Ronaldiaz Hartantyo, Annisa Wibi, Robby Zidna Ilman
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Sectors
Real Estate & Construction
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.2 M (USD)
in 3 rounds
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Latest Funding Round
$1.2 M (USD), Seed
Sep 27, 2022
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Investors
European Union
& 7 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 3
- Last Round Seed — $1.2M
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First Round
First Round
(01 Jun 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2022 | Amount | Seed - Mycotech Lab | Valuation |
investors |
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| Sep, 2018 | Amount | Grant - Mycotech Lab | Valuation |
investors |
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| Jun, 2018 | Amount | Grant - Mycotech Lab | Valuation |
investors |
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 |
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Venture capital fund focused on ag-tech and food-tech sectors
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Founded Year | Domain | Location | |
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Limited information is provided about TLA's activities.
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided for climate tech sectors.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mycotech Lab
Financial Statements - Mycotech Lab
Mycotech Lab Comparisons
Competitors of Mycotech Lab
Mycotech Lab 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, Mogu and Biohm, among others.
| 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 |
Mycelium-based solutions for floor tile production are provided by Mogu.
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| domain | founded_year | HQ Location |
Mycelium-based building materials are manufactured from agricultural waste.
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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 01, 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.