About MycoWorks
MycoWorks is a company based in Emeryville (United States) founded in 2013 by Sophia Wang, Eddie Pavlu, and Philip Ross. MycoWorks has raised $225.3 million across 7 funding rounds from investors including SK Networks, GM Ventures and Prime Movers Lab. MycoWorks operates in a competitive market with competitors including Bolt Threads, Modern Meadow, FairCraft, TomTex and Simplifyber, among others.
- Headquarter Emeryville, United States
- Founders Sophia Wang, Eddie Pavlu, Philip Ross
-
Sectors
RetailChemicals & Materials
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Mycoworks, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$225.3 M (USD)
in 7 rounds
-
Latest Funding Round
$37.05 M (USD), Series C
Jun 16, 2023
-
Investors
SK Networks
& 19 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of MycoWorks
Unlock access to complete
Unlock access to complete
Funding Insights of MycoWorks
MycoWorks has successfully raised a total of $225.3M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $37.05 million completed in June 2023. 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 7
- Last Round Series C — $37.1M
-
First Round
First Round
(15 Oct 2015)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Series C - MycoWorks | Valuation |
investors |
|
| Oct, 2022 | Amount | Series C - MycoWorks | Valuation | GM Ventures |
|
| Jan, 2022 | Amount | Series C - MycoWorks | Valuation | Prime Movers Lab |
Investors in MycoWorks
MycoWorks has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SK Networks, GM Ventures and Prime Movers Lab.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital funding is provided by General Motors-backed firm.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Private equity and venture capital fund focused on the healthcare sector
|
Founded Year | Domain | Location |
Investments & Acquisitions by MycoWorks
Financial Statements - MycoWorks
Mycoworks Comparisons
Competitors of MycoWorks
MycoWorks 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 Bolt Threads, Modern Meadow, FairCraft, TomTex and Simplifyber, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mycelium-based leather alternative fabrics are manufactured and provided.
|
|
| domain | founded_year | HQ Location |
Bio-fabricated leather products and accessories are provided online.
|
|
| domain | founded_year | HQ Location |
Lab-grown leather alternatives are developed using cell biology techniques.
|
|
| domain | founded_year | HQ Location |
Biodegradable textiles are developed from seafood shells and mushroom waste.
|
|
| domain | founded_year | HQ Location |
Sustainable cellulose-based fabrics and 3D manufacturing processes are offered.
|
Frequently Asked Questions about MycoWorks
MycoWorks was founded in 2013 and raised its 1st funding round 2 years after it was founded.
MycoWorks is headquartered in Emeryville, United States. It is registered at Emeryville, California, United States.
Sophia Wang is the current CEO of MycoWorks. They have also founded this company.
MycoWorks is a funded company, having raised a total of $225.3M across 7 funding rounds to date. The company's 1st funding round was a Series C of $126M, raised on Oct 15, 2015.
MycoWorks was founded in 2013 and is located in Emeryville, United States. Bio-based materials are developed and produced from mycelium, the root structure of fungi, to serve as alternatives to leather and other conventional materials. Reishi is supplied for use in furniture and automotive interiors. A technology platform is employed to generate non-animal options. Partnerships with designers and manufacturers are formed to embed these materials in product development.
MycoWorks's top competitors include Bolt Threads, Modern Meadow and Simplifyber.
MycoWorks has 20 investors. Key investors include SK Networks, GM Ventures, Prime Movers Lab, Mirabaud AM, and DCVC.