Mycorena Overview
- Year Founded
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2017
- Status
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Acquired/Merged
- Employees
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60
- Latest Deal Type
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M&A
Mycorena General Information
Description
Operator of a sustainable food technology and waste management company intended to offer an alternative to both meat and traditional plant-based proteins. The company offers products that address global sustainability challenges through fungal biotechnology to create vegan protein for food products in a resource-efficient way, enabling customers to contribute to a better world and build a circular economy.
Contact Information
Website
www.mycorena.comCorporate Office
- Gamlestadsvägen 2 B B27
- 415 11 Gothenburg
- Sweden
Corporate Office
- Gamlestadsvägen 2 B B27
- 415 11 Gothenburg
- Sweden
Mycorena Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 14. Merger/Acquisition | 22-Aug-2024 | Completed | Bankruptcy: Admin/Reorg | |||
| 13. Bankruptcy: Admin/Reorg | 18-Jul-2024 | Completed | Bankruptcy: Admin/Reorg | |||
| 12. Later Stage VC | 14-Dec-2023 | Completed | Generating Revenue | |||
| 11. Later Stage VC (Series A) | 28-Feb-2022 | Completed | Generating Revenue | |||
| 10. Early Stage VC (Series A) | 21-Jun-2021 | Completed | Generating Revenue | |||
| 9. Early Stage VC | 19-May-2020 | Completed | Generating Revenue | |||
| 8. Grant | 01-Jan-2020 | Completed | Generating Revenue | |||
| 7. Early Stage VC | 31-Dec-2019 | Completed | Generating Revenue | |||
| 6. Grant | 20-Nov-2019 | $7.76K | Completed | Generating Revenue | ||
| 5. Accelerator/Incubator | 01-Nov-2019 | Completed | Generating Revenue |
Mycorena Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Preference | ||||||||
| Preference | ||||||||
| Preference | 20,700 | $65.62 | $65.62 | 1x | $65.62 | 15.73% | ||
| Preference | 11,700 | $26.49 | $26.49 | 1x | $26.49 | 8.89% |
Mycorena Comparisons
Industry
Financing
Details
Mycorena Competitors (8)
One of Mycorena’s 8 competitors is The Protein Brewery, a Venture Capital-Backed company based in Breda, Netherlands.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| The Protein Brewery | Venture Capital-Backed | Breda, Netherlands | ||||
| Infinite Roots | Venture Capital-Backed | Hamburg, Germany | ||||
| MycoTechnology | Venture Capital-Backed | Aurora, CO | ||||
| Terramino | Venture Capital-Backed | Berkeley, CA | ||||
| The Fynder Group | Venture Capital-Backed | Chicago, IL |
Mycorena Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Mycorena Patents
Mycorena Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2024155225-A1 | A method of preparing a mycelium liquid extract and a dairy- free food product or food ingredient | Inactive | 17-Jan-2023 | ||
| WO-2024136727-A1 | Circular production of fungal biomass and algal biomass | Inactive | 14-Dec-2022 | ||
| WO-2023148402-A1 | Printed fungal biomass food product | Inactive | 07-Feb-2022 | ||
| WO-2023144148-A1 | Fungi-based fat tissue | Inactive | 28-Jan-2022 | ||
| EP-4447699-A1 | Fungal biomass food product or fungal biomass food ingredient | Inactive | 15-Dec-2021 | A23L33/21 |
Mycorena Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Mycorena Former Investors (20)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Bertebos Foundation | Corporation | Minority | ||
| Bånt AB | Venture Capital | Minority | ||
| Chalmers Innovation Office | Corporation | |||
| Climate KIC | Accelerator/Incubator | Minority | ||
| Earthstar (Netherlands) | Family Office | Minority |
Mycorena FAQs
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When was Mycorena founded?
Mycorena was founded in 2017.
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Where is Mycorena headquartered?
Mycorena is headquartered in Gothenburg, Sweden.
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What is the size of Mycorena?
Mycorena has 60 total employees.
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What industry is Mycorena in?
Mycorena’s primary industry is Food Products.
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Is Mycorena a private or public company?
Mycorena is a Private company.
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What is Mycorena’s current revenue?
The current revenue for Mycorena is .
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How much funding has Mycorena raised over time?
Mycorena has raised $38.1M.
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Who are Mycorena’s investors?
Bertebos Foundation, Bånt AB, Chalmers Innovation Office, Climate KIC, and Earthstar (Netherlands) are 5 of 20 investors who have invested in Mycorena.
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Who are Mycorena’s competitors?
The Protein Brewery, Infinite Roots, MycoTechnology, Terramino, and The Fynder Group are some of the 8 competitors of Mycorena.
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When was Mycorena acquired?
Mycorena was acquired on 22-Aug-2024.
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Who acquired Mycorena?
Mycorena was acquired by Naplasol.
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