MycoWorks

Emeryville, CA · Founded 2014 · Privately Held (backing)

Manufacturer of mycelium products intended to offer natural alternatives to plastic foams, textiles, and leather. MycoWorks is based in Emeryville, CA and was founded in 2014. Its last known valuation is $420 million. It has raised $352 million across 4 recorded rounds; the latest was a $37.1 million early-stage round in Oct 2022.

Last price · $/share
—
Implied valuation
$420.0M
Total raised
$351.8M
Last round
Early Stage VC
Oct 2022

MycoWorks key facts

  • Manufacturer of mycelium products intended to offer natural alternatives to plastic foams, textiles, and leather.
  • MycoWorks’s last known valuation is $420.0M.
  • It has raised $351.8M across 4 recorded rounds; the latest was Early Stage VC ($37.1M) in Oct 2022.
  • Notable investors include SOSV, Gaingels, 8VC, Valor Equity Partners, IndieBio — 29 tracked in total.
  • MycoWorks has filed 4 Form Ds with the SEC since 2021, most recently Jun 2023 ($37.1M sold to 11 investors).
  • Status: Privately Held (backing).
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MycoWorks funding rounds

4 rounds
Oct 2022Early Stage VC$37.1MSEC filing▮
Jan 2022Later Stage VC$125.0MSEC filing▮
Oct 2020Early Stage VC$44.8MSEC filing▮
May 2019Early Stage VC$13.8MSEC filing▮

MycoWorks valuation

MycoWorks's last known valuation is $420 million. The figure stands until a priced round, a secondary trade or an institutional fund mark prices the stock again.

How much has MycoWorks raised?

MycoWorks has raised $352 million across 4 recorded rounds since 2019. The largest was a $44.8 million early-stage round in Oct 2020; the most recent was a $37.1 million early-stage round in Oct 2022.

MycoWorks has filed 4 Form Ds with the SEC since 2021, most recently in Jun 2023 ($37.1 million sold to 11 investors).

MycoWorks investors

29 investors are on record for MycoWorks, including SOSV, Gaingels, 8VC and Valor Equity Partners. By type, the record holds 10 venture capital firms and 2 asset managers. The early-stage round in Oct 2022 drew 11 investors.

About MycoWorks

Manufacturer of mycelium products intended to offer natural alternatives to plastic foams, textiles, and leather. The company's products are made from bio-materials using fungal mycelium to create lower energy and biodegradable alternatives to plastic foams, synthetic textiles, engineered woods, and leather for use in aerospace, automobiles, apparel, and architectural interiors, enabling clients to easily get new kinds of leather grown from mycelium and agricultural byproducts in a carbon-negative process.

Sector
Materials and Resources
HQ
Emeryville, CA, United States
Founded
2014
Employees
250
Ownership
Privately Held (backing)

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Valuation on record
$420.0M

MycoWorks’s last known valuation. A PrivateMarketView mark is published once fund marks, secondary prints or a priced round let us confirm it.