MycoWorks | |
Logo Alt: | MycoWorks logo |
Type: | Private |
Industry: | Biotechnology, Materials Science, Fashion |
Founders: | Sophia Wang (Co-founder and Chief of Culture) Phil Ross (Co-founder) Eddie Pavlu (Co-founder) |
Hq Location City: | Emeryville, California |
Hq Location Country: | United States |
Key People: | Matthew L. Scullin (CEO) |
Products: | Fine Mycelium, Reishi |
MycoWorks is a biotechnology company based in Emeryville, California[1] that produces leather-like products using a process involving mycelium. The company was founded in 2013 by Philip Ross, Sophia Wang, and Eddie Pavlu.[2]
Co-founder and chief technical officer Phil Ross's work with mycelium began before the formation of the company, which has assisted in the company's developments.[3] In 2017, Matthew L. Scullin signed on as chief executive officer. In early 2020, the company raised Series A financing, and later that year, $45 million in Series B financing with Natalie Portman and John Legend participating.[4]
Reishi was the first commercially available product from MycoWorks, followed by Reishi Doux, Reishi Natural, and Reishi Pebble in 2023.[5] The product has been used in a number of luxury retail items such as handbags [6] and hats.[7] Commercial-scale manufacturing began in September 2023 at a plant in Union, South Carolina.[8]