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MycoWorks
Creates new materials using mycelium
- 101-200 employees
- B2B
- Sustainability
- Manufacturing
- Social Impact
- Emeryville, CA
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Company mission
To benefit the world with new materials that offer superior performance to animal leathers and plastic.
Our take
A growing awareness of the damaging environmental impact of animal skin clothing is leading the fashion industry to seek alternatives. Alternatives to leather products have been designed in the past, but generally result in a compromise on quality and authenticity.
MycoWorks has created a biotech platform for fashion and luxury industries to purchase fungal-based biomaterial. Existing plant-based fabric companies such as Bolt Threads and Desserto already offer alternatives through fungal and cactus-based materials. However, MycoWorks differentiates itself from the competition by focusing on making its fabrics highly durable with no compromise on quality.
MycoWorks is currently focusing on offering its Mycelium fabric as an eco-friendly material for footwear and other clothing brands. However, they aim to scale their startup by developing materials outside of Mycelium and providing a broader range of future-proof materials.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Equity: Every full-time employee receives stock options as part of their compensation. We are all invested in and benefit from our company's success
- Time off and leaves: We offer comprehensive time off and leave policies, and we encourage every employee to take time to rest, take care of themselves and their families and for personal pursuits. Our paid holidays extend beyond the traditional to build a culture that truly values a balanced life
- Health: MycoWorks offers medical, vision, and dental plans at no cost to employees, with optional coverage for partners and dependents. Among our competitive offerings are FSA accounts and a free Personal Health Advocate to ensure employees save time and money in accessing the best care
- Flexible work schedules: Many of our opportunities are hybrid roles to support an inclusive workplace, accessible to all
- Retirement: All full-time employees are invited to contribute to a 401(k) program to support their long-term savings and retirement planning
Funding (last 2 of 3 rounds)
Jan 2022
$125m
SERIES C
Nov 2020
$45m
SERIES B
Total funding: $187m
This company has top investors
Leadership
Philip Ross
(Co-Founder & CTO)Philip is an Artist, Inventor, and Entrepreneur whose creative work is focused on the relationships between human beings, technology, and the greater living environment.
Sophia Wang
(Co-Founder & Chief of Culture)Sophia is both a Creative Artist and an Entrepreneur. Their creative practice includes choreography, performance, writing, curation, and producing original dance and multimedia works.
Eddie Pavlu
(Co-Founder)Eddie has been in executive management since they joined Elliott Laboratories in June 1997. Since then, they have started up a consulting company in Silicon Valley alongside founding MycoWorks and working for Underwriters Laboratories as operations director.