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MycoWorks produces a leather alternative called Reishi™, made from mycelium, which is a part of fungus. This material is designed to be sustainable and is appealing to fashion brands and designers seeking eco-friendly options. Reishi™ has already been used in luxury products, such as handbags and hats. The company has recently expanded by opening a large facility in South Carolina, which is the first commercial-scale plant for Fine Mycelium™, allowing them to increase production to meet rising demand. MycoWorks stands out from competitors by focusing specifically on mycelium-based materials, which offer a sustainable alternative to traditional leather. The goal of MycoWorks is to capture a significant share of the growing leather goods market by providing a high-quality, eco-friendly product.
Company Stage
Series C
Employees
201-500
Industries
Industrial & Manufacturing, Consumer Goods
Total Funding
$181.9M
Headquarters
Emeryville, California
Founded
2013
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