FundedIQ
Biotechnology

MycoWorks: Funding, Investors & Team (Sep 2026)

MycoWorks is engaged in the creation of sustainable design solutions with advanced biomaterials. The company’s proprietary custom-engineered material is sustainable, versatile, and animal-free, and feels and performs like leather. Their first product, Reishi, and the proprietary platform to make it, Fine Mycelium, are a groundbreaking approach to biomaterials that delivers unparalleled versatility and unmatched performance in strength, durability, and hand feel. The perfect intersection of art and science, Reishi is the only natural material that performs like cowhide leather and is engineered to meet the highest quality standards. MycoWorks was founded by Sophia Wang and Philip Ross in 2013 and is based in Emeryville, California.

www.mycoworks.com LinkedIn Emeryville, United States 101-250 employees
Biotechnology Building Material Product Research Renewable Energy Sustainability
Total raised
$170M
Rounds
3
Latest
Undisclosed round
Oct 2022

MycoWorks has raised $170M across 3 funding rounds on record, the most recent an undisclosed round announced in Oct 2022.

MycoWorks Company Profile and Key Stats

Total funding raised
$170M
across 3 rounds on record
Funding rounds on record
3
1 with no disclosed amount
Latest funding round
Undisclosed round
Oct 2022
Employees
101-250
reported band
Headquarters
Emeryville, United States

Latest funding round on record: Oct 2022.

MycoWorks Funding Rounds

Date
Round
Amount
Undisclosed round
Undisclosed
Series C
$125M
Undisclosed round
$45.0M

1 of 3 rounds was announced without a disclosed amount and is excluded from the total.

MycoWorks raised $45.0M in an undisclosed round announced in Oct 2020.

1.3 years later, a Series C of $125M was announced in Jan 2022.

9 months later, an undisclosed round was announced in Oct 2022 with no disclosed amount.

MycoWorks Founders and Leadership Team

Name
Role
Contact
Sophia Wang
Founder
Locked
Matthew Scullin
CEO
Locked

Contact details for the MycoWorks team: 2 of 2 have an email address on file.

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MycoWorks Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,183
$8.0M
29,878
$7.5M

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MycoWorks Funding FAQs

What does MycoWorks do?

MycoWorks is engaged in the creation of sustainable design solutions with advanced biomaterials. The company’s proprietary custom-engineered material is sustainable, versatile, and animal-free, and feels and performs like leather. Their first product, Reishi, and the proprietary platform to make it, Fine Mycelium, are a groundbreaking approach to biomaterials that delivers unparalleled versatility and unmatched performance in strength, durability, and hand feel. The perfect intersection of art and science, Reishi is the only natural material that performs like cowhide leather and is engineered to meet the highest quality standards. MycoWorks was founded by Sophia Wang and Philip Ross in 2013 and is based in Emeryville, California.

How much funding has MycoWorks raised?

MycoWorks has raised $170M across 3 rounds on record.

When did MycoWorks last raise funding?

MycoWorks' most recent funding round on record was announced in Oct 2022. The amount was not disclosed.

Who founded MycoWorks?

FundedIQ lists Sophia Wang (Founder) at MycoWorks.

Who is the CEO of MycoWorks?

Matthew Scullin is listed as CEO at MycoWorks.

Where is MycoWorks headquartered?

MycoWorks is based in Emeryville, California, United States.

How many employees does MycoWorks have?

MycoWorks is in the 101-250 employee band.

About FundedIQ's MycoWorks 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 MycoWorks is left off this page rather than filled in.

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