MycoWorks#Technology

{{Short description|Startup company based in Emeryville, California}}

{{Infobox company

| name = MycoWorks

| logo = MycoWorks LOGO.png

| logo_size = 250px

| logo_alt = MycoWorks logo

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| trading_name =

| type = Private

| industry = Biotechnology, Materials Science, Fashion

| founded =

| founders = Sophia Wang (Co-founder and Chief of Culture)
Phil Ross (Co-founder)
Eddie Pavlu (Co-founder)

| hq_location =

| hq_location_city = Emeryville, California

| hq_location_country = United States

| area_served =

| key_people = Matthew L. Scullin (CEO)

| products = Fine Mycelium, Reishi

| brands =

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| website = {{URL|http://www.mycoworks.com/}}

}}

MycoWorks is a biotechnology company based in Emeryville, California{{Cite web|date=2020-11-17|title=MycoWorks Raises $45M in Series B Financing|url=https://www.mycoworks.com/mycoworks-raises-45m-in-series-b-financing|access-date=2021-02-17|website=MycoWorks|language=en-US}} that produces leather-like products using a process involving mycelium. The company was founded in 2013 by Philip Ross, Sophia Wang, and Eddie Pavlu.{{Cite web|title=Lampoon Magazine {{!}} MycoWorks' Fine Mycelium – A scientific story through the lens of art|url=https://lampoonmagazine.com/mycoworks-fine-mycelium-sophia-wang/|access-date=2021-02-17|language=en-US}}

History

Co-founder and chief technical officer Phil Ross's work with mycelium began before the formation of the company,{{specify|reason=Please specify the year Phil Ross's work with mycelium began.|date=October 2021}} which has assisted in the company's developments.{{cite web|title=The Fungi In Your Future|url=http://www.bbc.com/future/story/20190125-the-natural-products-that-could-replace-plasticd|work=Science Friday}}{{Dead link|date=October 2023 |bot=InternetArchiveBot |fix-attempted=yes }} In 2017, Matthew L. Scullin signed on as chief executive officer. In early 2020, the company raised Series A financing, and later that year, $45 million in Series B financing with Natalie Portman and John Legend participating.{{Cite web|date=2020-11-17|title=MycoWorks closes $45m Series B; John Legend, Natalie Portman invest|url=https://agfundernews.com/mycoworks-closes-45m-series-b-round-john-legend-natalie-portman-invest.html|access-date=2021-02-17|website=AgFunderNews|language=en-US}}

Technology <span class="anchor" id="Technology"></span>

Fine Mycelium is a patented technology by MycoWorks that attempts to influence cellular structures for increased strength and durability. The company uses the term to refer to both their process and the resulting materials intended for the fashion, footwear, automotive, and decor industry.

Products

Reishi was the first commercially available product from MycoWorks, followed by Reishi Doux, Reishi Natural, and Reishi Pebble in 2023.{{cite press release |last1=MycoWorks |title=MycoWorks Celebrates Ten-Year Anniversary with New Reishi™ Products and a Performance Breakthrough |url=https://www.prnewswire.com/news-releases/mycoworks-celebrates-ten-year-anniversary-with-new-reishi-products-and-a-performance-breakthrough-301881782.html |website=www.prnewswire.com |access-date=3 October 2023 |language=en}} The product has been used in a number of luxury retail items such as handbags {{cite web |title=Allen St. Made With Reishi™ |url=https://www.allen-st.com/collections/allen-st-made-with-reishi%E2%84%A2 |website=Allen St. |language=en}} and hats.{{cite web |title=Mycelium Bucket Hat |url=https://www.nickfouquet.com/collections/new-arrivals-1/products/mycelium |website=Nick Fouquet}} Commercial-scale manufacturing began in September 2023 at a plant in Union, South Carolina.{{cite press release |last1=MycoWorks |title=Biotech Company MycoWorks Begins Production at the World's First Commercial-Scale Fine Mycelium™ Plant in Union, South Carolina |url=https://www.prnewswire.com/news-releases/biotech-company-mycoworks-begins-production-at-the-worlds-first-commercial-scale-fine-mycelium-plant-in-union-south-carolina-301933216.html |website=www.prnewswire.com |access-date=3 October 2023 |language=en}}

See also

  • {{anl|Ecovative Design}}

References

{{Reflist|30em}}