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
- SectorsRetailChemicals & Materials
- Email••••••••
- Website mycoworks.com
- Social LinkedIn X Instagram YouTube
- Legal Name Mycoworks, Inc.
- Total Equity Funding$225.3M (USD)
in 7 rounds
- Latest Funding Round$37.05M (USD), Series C
Jun 2023
- InvestorsSK Networks
& 19 more
Apps and channels of MycoWorks
its YouTube channel MycoWorks has 8.57K subscribers and 30 videos.
Videos from MycoWorks
The most watched videos on MycoWorks's YouTube channel, MycoWorks (8.57K subscribers). Click a video to play it here.
More on MycoWorks.
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 $225.3M
- Total Rounds 7
- Last Round Series C — $37.05M
- First Round $250,000
(Oct 2015)
- Investors Count 20
All 7 funding rounds of MycoWorks 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 |
|---|---|---|---|---|---|
| Jun 2023 | $37.05M | Series C | – | – | – |
| Oct 2022 | – | Series C | – | GM Ventures | – |
| Jan 2022 | $126M | Series C | – | Prime Movers Lab | |
| Nov 2021 | – | Debt – Conventional | – | – | – |
| Nov 2020 | $45M | Series B | – | DCVC | |
| Feb 2020 | $17M | Series A | – | DCVC | |
| Oct 2015 | $250,000 | Seed | – | IndieBio | – |
20 investors in total: 17 institutional and 3 angel.
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. | – | gmventures.com | Warren, United States | |
Venture capital firm focused on multiple sectors | – | dcvc.com | Palo Alto, United States | |
Private equity and venture capital fund focused on the healthcare sector | – | novoholdings.dk | Hellerup, Denmark | |
Private equity firm | – | valorep.com | Chicago, United States | |
Early-stage companies in science and technology are supported by Humboldt Fund. | 2020 | humboldtfund.com | - | |
Venture capital and accelerator services are provided across multiple sectors. | – | sosv.com | Cork, Ireland | |
Early-stage impact-driven fintech and healthcare startups are accelerated. | – | wireframevc.com | San Francisco, United States | |
Venture capital firm investing in technology, life sciences, and related sectors. | – | 8vc.com | - | |
Venture capital fund focused on ag-tech and food-tech sectors | – | agfunder.com | San Francisco, United States | |
Early-stage investments are directed toward US life science companies. | – | cthulhuventures.com | Sausalito, United States |
Investor details for MycoWorks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of MycoWorks
38 people are tracked at MycoWorks (18 in leadership, 1 in board & advisors, 19 in team).
| Name | Role | Group |
|---|---|---|
Sophia Wang | Co-Founder & CEO | Leadership |
Eddie Pavlu | Co-Founder | Leadership |
Philip Ross | Co-Founder | Leadership |
Matthew L Scullin | CEO | Leadership |
Nina Sabharwal | Strategic Advisor To The CEO | Leadership |
Douglas Hardesty | Chief Manufacturing Officer | Leadership |
Kimberly Saunders | VP, People | Leadership |
Barni Mlambo | Director | Leadership |
Ginevra Boralevi | Director Of Communications | Leadership |
Annette Callis | Director Of People | Leadership |
Dwarkadas Lahoti | Vice President Finance | Leadership |
Jeffery Leiby | Finance Director - Mycoworks | Leadership |
Anthony Saucedo | VP Of Manufacturing | Leadership |
Xavier Gallego | VP, Brand & Marketing | Leadership |
James I. | Social Media Director | Leadership |
Bill Morris | Vice President Of Product | Leadership |
Nandhitha Venkatesh | Director, Upstream Process Discovery | Leadership |
Jordan Chase | Director Of Research & Development | Leadership |
Patrick Thomas | Independent Director | Board & advisors |
Ian Bickley | Strategic Advisor | Team |
18 more people are available in the full profile.
Complete people profiles for MycoWorks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of MycoWorks
3 dated milestones of MycoWorks across 10 years, from founding to its latest funding, stage changes and deals.
- Founded MycoWorks is founded.
- Funding First funding round of $250K.
- Funding Latest funding round, Series C, of $37.1M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| boltthreads.com | 2009 | Emeryville, United States | $219.4M | 141 | Mycelium-based leather alternative fabrics are manufactured and provided. | |
| modernmeadow.com | 2011 | Nutley, United States | $192.64M | 75 | Bio-fabricated leather products and accessories are provided online. | |
| faircraft.bio | 2021 | Paris, France | $20.44M | – | Lab-grown leather alternatives are developed using cell biology techniques. | |
| tomtex.com | 2020 | Brooklyn, United States | $4.2M | 1 | Biodegradable textiles are developed from seafood shells and mushroom waste. | |
| simplifyber.com | 2020 | New York, United States | $15.5M | – | Sustainable cellulose-based fabrics and 3D manufacturing processes are offered. | |
| provenance.bio | 2016 | Los Angeles, United States | – | – | Synthetic leather is developed using biomimetic processes and collagen. | |
| ultrafabricsinc.com | 1966 | Tarrytown, United States | – | – | Sustainable fabrics such as Brisa and Ultra Leather are provided. | |
| ecoleather.solutions | 2015 | Newark, United States | – | – | Develops innovative technologies for bio-based, eco-friendly leather alternatives. | |
| verdantinnovations.com | 2022 | Spanish Fort, United States | – | – | Produces high-quality green additives for textile materials. |
Detailed competitors of MycoWorks
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of MycoWorks
The website of MycoWorks (mycoworks.com) receives about 24.3K visits a month.
- Monthly visits24.3K
▼ 18.8% vs previous month
Websites whose visitors overlap most with MycoWorks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| vttresearch.com | 100% | 101.8K | #407,992 | View details | |
| imeche.org | 100% | – | #178,060 | View details | |
| boltthreads.com | 54% | 16.1K | #1,608,828 | View details |
Latest news on Mycoworks
Complete news archive for MycoWorks
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to MycoWorks
10 companies that operate in the same segment as MycoWorks (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.08 B | USD 939.4 M | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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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 Seed of $250K, raised on Oct 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.
MycoWorks operates through Mycoworks, Inc..