Fundz

Myceen secures €2M in grants to enhance mycelium building materials production.

PRIVATEAug 26, 2024

Amount Raised

€2 Million

Round Type

Seed

TallinnConstructionBuilding MaintenanceBuilding Material

Investors

Eit Climate KicGerman Ministry Of CultureEstonian Research CouncilEnterprise Estonia

Description

Myceen is advancing a seed investment round of €1-1.5 million to transfer to a larger production space. The funding will help broaden its product range and commercialize mycelium-based building materials.

Quick answer

Myceen raised €2 Million in a Seed round, dated August 26, 2024. Investors: Eit Climate Kic, German Ministry Of Culture, Estonian Research Council and Enterprise Estonia. Myceen is based in Tallinn, Harju Maakond, Estonia.

How much did Myceen raise?
Myceen raised €2 Million in a Seed round on August 26, 2024.
Who invested in Myceen?
Eit Climate Kic, German Ministry Of Culture, Estonian Research Council and Enterprise Estonia are named as investors in this round.
What does Myceen do?
MYCEEN is a cleantech company that focuses on novel materials by combining mushroom mycelium with organic leftovers from other industries.
Where is Myceen based and how big is it?
Myceen is based in Tallinn, Harju Maakond, Estonia.
Who are the decision-makers at Myceen?
Fundz holds 1 contact at Myceen. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Construction and Building Maintenance around the same time

Companies in the same sectors as Myceen that raised within 45 days of this round, from Fundz verified event records.

  • Paebbl raised $25M (Series A) on October 9, 2024.
  • GPD Group raised $94K (Pre-Seed) on August 15, 2024.
  • Document Crunch raised $22M (Series B) on October 10, 2024.
  • Premier Construction Management PROS raised an undisclosed amount on October 7, 2024.
  • SKYX Platforms raised $11M on October 4, 2024.
  • Origin Capital Group raised an undisclosed amount on September 26, 2024.

Who to call at Myceen, and when

A new round usually means Myceen is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Myceen raises, hires an executive or expands, scored against what you sell
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  • Who you already know at Myceen, from your own LinkedIn network

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Company Information

Company

Myceen

Location

Tallinn, Harju Maakond, Estonia

About

MYCEEN is a cleantech company that focuses on novel materials by combining mushroom mycelium with organic leftovers from other industries. It's a perfect example of circular economy and a breakthrough technology that stores more carbon than the whole production process emits. Please reach out to us to use our high-performing insulation and acoustic materials for the carbon-neutral construction industry. We are open to interesting collaborations, design or architecture projects, custom solutions, and exhibitions.

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Myceen raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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