Mycoworks Raises $125 Million Series C Financing To Fund Mass Production Of Fine Mycelium™
Jan 13, 2022•over 3 years ago
Amount Raised
$125 Million
Round Type
series c
Description
Today, MycoWorks announced a $125M Series C funding round led by Prime Movers Lab, with participation from new investors SK Networks and Mirabaud Lifestyle Impact & Innovation Fund, in addition to other new and existing investors. The Series C funding round will be used to launch the first full-scale Fine MyceliumTM production plant to meet the growing demand for the company's materials, including MycoWorks' flagship product, ReishiTM.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech