FundedIQ
Biotechnology

M-Based: Funding, Investors & Team (Oct 2026)

M-Based develops new alternative material technologies using mushrooms. 🍄 We consider environmental conservation and ethical principles throughout our production process. Our primary goal is to lead sustainable textiles with our 'Mushroom-Based Vegan Leather,' derived from mycelium! Don't miss out on our efforts for a greener future! Stay connected for updates and progress. 🌱

www.m-based.com LinkedIn Yenimahalle, Turkey 1-10 employees
Biotechnology Life Science
Total raised
$700k
Rounds
2
Latest
Seed
Oct 2026

M-Based has raised $700k across 2 funding rounds on record, the most recent a Seed of $700k announced in Oct 2026.

That round is below the $8.1M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

M-Based Company Profile and Key Stats

Total funding raised
$700k
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Seed
$700k in Oct 2026
Employees
1-10
reported band
Headquarters
Yenimahalle, Turkey
Investors on record
5
5 named below

Latest funding round on record: Oct 2026.

M-Based Funding Rounds

Date
Round
Amount
Seed
$700k
Pre-Seed
Undisclosed

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

M-Based announced a Pre-Seed in Jul 2024; the amount was not disclosed.

2.3 years later, a Seed of $700k was announced in Oct 2026.

M-Based Investors

Hatcher+ Maxis Elemental Ventures Sente Ventures Fark Labs

M-Based Founders and Leadership Team

Name
Role
Contact
Goerkem Goekoglu
Co-Founder
Locked
Zeynep Can
Founder
Locked

Contact details for the M-Based team: 2 of 2 have an email address on file, 2 have a LinkedIn profile.

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M-Based Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,185
$8.1M
387
$1.3M
16,970
$3.1M

M-Based's latest round of $700k is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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M-Based Funding FAQs

What does M-Based do?

M-Based develops new alternative material technologies using mushrooms. 🍄 We consider environmental conservation and ethical principles throughout our production process. Our primary goal is to lead sustainable textiles with our 'Mushroom-Based Vegan Leather,' derived from mycelium! Don't miss out on our efforts for a greener future! Stay connected for updates and progress. 🌱

How much funding has M-Based raised?

M-Based has raised $700k across 2 rounds on record. The most recent is a Seed of $700k announced in Oct 2026.

When did M-Based last raise funding?

M-Based's most recent funding round on record is a Seed of $700k, announced in Oct 2026.

Who has invested in M-Based?

Investors on record for M-Based include Hatcher+, Maxis, Elemental Ventures, Sente Ventures, Fark Labs.

Who founded M-Based?

FundedIQ lists Goerkem Goekoglu (Co-Founder), Zeynep Can (Founder) at M-Based.

Where is M-Based headquartered?

M-Based is based in Yenimahalle, Ankara, Turkey.

How many employees does M-Based have?

M-Based is in the 1-10 employee band.

How does M-Based's funding compare to other Biotechnology startups?

M-Based's latest round of $700k is below the $8.1M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.

About FundedIQ's M-Based Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for M-Based is left off this page rather than filled in.

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