Full-Time
Posted on 8/7/2024
Produces sustainable mycelium-based leather alternative
Senior
Spartanburg, SC, USA
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 established a large production facility in South Carolina, which is the first of its kind for commercial-scale Fine Mycelium™ production, allowing them to meet the increasing demand for sustainable materials in the fashion industry. MycoWorks stands out from competitors by focusing specifically on mycelium-based products and has the potential to capture a significant share of the growing leather goods market, which is projected to exceed $720 billion by 2030. The goal of MycoWorks is to provide sustainable alternatives to traditional leather, contributing to a more eco-friendly fashion industry.
Company Stage
Series C
Total Funding
$181.9M
Headquarters
Emeryville, California
Founded
2013
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Equity
401(k) Retirement Plan
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Paid Parental Leave
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Unlimited Paid Time Off