MycoTechnology

company

About

MycoTechnology utilizes fungi-based food-processing platforms to transform the flavor and value of agricultural products.

  • 51 - 100

Details

Last Funding Type
Series E
Last Funding Money Raised
$85M
Industries
Advanced Materials,Agriculture,Biotechnology,Food and Beverage,Nutrition,Organic Food,Professional Services
Founded date
Mar 1, 2013
Number Of Employee
51 - 100
Operating Status
Active

MycoTechnology utilizes fungi-based food-processing platforms to transform the flavor and value of agricultural products. The platform can be used to solve a variety of challenges faced by the food, beverage, and flavor industries. MycoTechnology has released ClearTaste, an all-natural, GMO-free, organic bitter blocker that is Kosher and Halal certified. ClearTaste improves the flavor of various agricultural products.

MycoTechnology also engages in fermenting agricultural products with strains of gourmet fungi. The company offers myceliated chocolate as well as robusta and arabica coffee beans. It develops and licenses technology to the industry to naturally improve the flavor of robusta and arabica coffee.

The company was incorporated in 2013 and is based in Aurora, Colorado.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$154M
MycoTechnology has raised a total of $154M in funding over 2 rounds. Their latest funding was raised on Mar 30, 2022 from a Series E round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 30, 2022 Series E $85M 2 Detail
Jun 10, 2020 Series D $39M 1 Detail
May 1, 2019 Series C 1 Detail
Jan 30, 2019 Series C $30M 2 Middleland MT Holdings Detail

Investors

Number of Lead Investors
Number of Investors
1
4
MycoTechnology is funded by 4 investors. Middleland MT Holdings and Gaingels are the most recent investors.
Investor Name Lead Investor Funding Round
Middleland MT Holdings Yes Series C
Gaingels Series E
Nourish Ventures Series E
DNS-Hiitake Series C