MycoWorks explained

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]

History

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]

Technology

Products

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]

Notes and References

  1. Web site: 2020-11-17. MycoWorks Raises $45M in Series B Financing. 2021-02-17. MycoWorks. en-US.
  2. Web site: Lampoon Magazine MycoWorks' Fine Mycelium – A scientific story through the lens of art. 2021-02-17. en-US.
  3. Web site: The Fungi In Your Future. Science Friday.
  4. Web site: 2020-11-17. MycoWorks closes $45m Series B; John Legend, Natalie Portman invest. 2021-02-17. AgFunderNews. en-US.
  5. MycoWorks . MycoWorks Celebrates Ten-Year Anniversary with New Reishi™ Products and a Performance Breakthrough . www.prnewswire.com . 3 October 2023 . en.
  6. Web site: Allen St. Made With Reishi™ . Allen St. . en.
  7. Web site: Mycelium Bucket Hat . Nick Fouquet.
  8. MycoWorks . Biotech Company MycoWorks Begins Production at the World's First Commercial-Scale Fine Mycelium™ Plant in Union, South Carolina . www.prnewswire.com . 3 October 2023 . en.