FundedIQ
Food and Beverage

MyForest Foods: Funding, Investors & Team (Oct 2026)

Nature holds the key to solving the world's biggest problems, and one of its valuable resources is the intricate root system of fungi known as mycelium. We have extensively studied and found inspiration in mycelium, discovering its versatility in various applications such as textiles, building materials, packaging alternatives, and even food. Guided by the wisdom of the forest, our company, MyForest Foods, has harnessed the potential of mycelium to create meatless food options that are both sustainable and satisfying. Our mycelium is cultivated, not ground, resulting in a texture that closely resembles whole cuts of meat. Our flagship product, MyBacon, is the first in a line of plant-based, clean-label foods that utilize mycelium growth. MyBacon is made from mycelium, which is a complete protein with a naturally high nutritional value, giving it its remarkable texture. To enhance the flavor, our chefs delicately brine each strip with a minimal blend of ingredients such as flaked salt, cane sugar, natural flavors, and beet juice for color. A dash of coconut oil provides the perfect sizzle, creating a bacon alternative that captures the familiar taste and texture of traditional bacon. Having established a sustainable source of these delicious eats, our mission is to share this discovery with the world and tap into mycelium's potential to feed the future, one delectable bite at a time.

myforestfoods.com Albany, United States 11-50 employees
Total raised
$15.0M
Rounds
1
Latest
Series A
Jun 2023

MyForest Foods has raised $15.0M across 1 funding round on record, the most recent a Series A of $15.0M announced in Jun 2023.

That round is above the $2.4M median round size for Food and Beverage companies tracked on FundedIQ over the last two years.

MyForest Foods Company Profile and Key Stats

Total funding raised
$15.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$15.0M in Jun 2023
Employees
11-50
reported band
Headquarters
Albany, United States

Latest funding round on record: Jun 2023.

MyForest Foods Funding Rounds

Date
Round
Amount
Series A
$15.0M

MyForest Foods Founders and Leadership Team

Name
Role
Contact
Greg Shewchuk
Founder
—

No contact details are on record for this team yet.

MyForest Foods Funding Compared to Other Food and Beverage Startups

Segment
Companies
Median round
30,234
$7.6M
8,558
$15M

MyForest Foods' latest round of $15.0M is above the median round in Food and Beverage. Medians cover the last 24 months of disclosed rounds.

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MyForest Foods Funding FAQs

What does MyForest Foods do?

Nature holds the key to solving the world's biggest problems, and one of its valuable resources is the intricate root system of fungi known as mycelium. We have extensively studied and found inspiration in mycelium, discovering its versatility in various applications such as textiles, building materials, packaging alternatives, and even food. Guided by the wisdom of the forest, our company, MyForest Foods, has harnessed the potential of mycelium to create meatless food options that are both sustainable and satisfying. Our mycelium is cultivated, not ground, resulting in a texture that closely resembles whole cuts of meat. Our flagship product, MyBacon, is the first in a line of plant-based, clean-label foods that utilize mycelium growth. MyBacon is made from mycelium, which is a complete protein with a naturally high nutritional value, giving it its remarkable texture. To enhance the flavor, our chefs delicately brine each strip with a minimal blend of ingredients such as flaked salt, cane sugar, natural flavors, and beet juice for color. A dash of coconut oil provides the perfect sizzle, creating a bacon alternative that captures the familiar taste and texture of traditional bacon. Having established a sustainable source of these delicious eats, our mission is to share this discovery with the world and tap into mycelium's potential to feed the future, one delectable bite at a time.

How much funding has MyForest Foods raised?

MyForest Foods has raised $15.0M across 1 round on record. The most recent is a Series A of $15.0M announced in Jun 2023.

When did MyForest Foods last raise funding?

MyForest Foods' most recent funding round on record is a Series A of $15.0M, announced in Jun 2023.

Who founded MyForest Foods?

FundedIQ lists Greg Shewchuk (Founder) at MyForest Foods.

Where is MyForest Foods headquartered?

MyForest Foods is based in Albany, New York, United States.

How many employees does MyForest Foods have?

MyForest Foods is in the 11-50 employee band.

How does MyForest Foods' funding compare to other Food and Beverage startups?

MyForest Foods' latest round of $15.0M is above the $2.4M median round size for Food and Beverage companies on FundedIQ across 1,334 tracked companies over the last two years.

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

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