Mycocycle Overview
- Year Founded
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2018
- Status
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Private
- Employees
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17
- Latest Deal Type
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Seed
- Latest Deal Amount
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$3.22M
- Investors
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12
Mycocycle General Information
Description
Provider of waste management services intended to remediate toxic constituents. The company develops and commercializes technologies utilizing the science of mycology and diverts materials from landfills through bioremediation, enabling businesses to reuse feedstock in manufacturing or recycle it in other applications.
Contact Information
Website
www.mycocycle.comCorporate Office
- 505 South Weber Road
- Suite 309
- Bolingbrook, IL 60490
- United States
Corporate Office
- 505 South Weber Road
- Suite 309
- Bolingbrook, IL 60490
- United States
Mycocycle Timeline
Mycocycle Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Seed Round | 14-Jul-2026 | $3.22M | Completed | Generating Revenue | ||
| 9. Seed Round | 08-May-2024 | Completed | Generating Revenue | |||
| 8. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 7. Accelerator/Incubator | 09-Aug-2022 | Completed | Generating Revenue | |||
| 6. Accelerator/Incubator | 02-Jun-2022 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 18-Mar-2022 | Completed | Generating Revenue | |||
| 4. Grant | 01-Dec-2020 | Completed | Product In Beta Test | |||
| 3. Grant | 15-Jul-2020 | Completed | Product In Beta Test | |||
| 2. Accelerator/Incubator | Completed | Product In Beta Test | ||||
| 1. Accelerator/Incubator | Completed | Product In Beta Test |
Mycocycle Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-4 | ||||||||
| Seed-3 | ||||||||
| Seed-2 | ||||||||
| Seed-1 | 583,982 | $0.000100 | 6% | $0.17 | $0.17 | 1x | $0.17 | 3.61% |
| Seed | 1,306,596 | $0.000100 | 6% | $1.15 | $1.15 | 1x | $1.15 | 8.07% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Mycocycle Comparisons
Industry
Financing
Details
Mycocycle Competitors (1)
One of Mycocycle’s competitors is LanzaTech Global, a Formerly VC-backed company based in Skokie, IL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| LanzaTech Global | Formerly VC-backed | Skokie, IL |
Mycocycle Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Mycocycle Patents
Mycocycle Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2025264986-A1 | Biodegradable polymer | Pending | 22-Jun-2024 | ||
| US-20240336940-A1 | Systems and methods for on-site bioremediation of scrap materials | Inactive | 08-Apr-2023 | ||
| WO-2024215575-A2 | Systems and methods for on-site bioremediation of scrap materials | Inactive | 08-Apr-2023 | ||
| WO-2024215575-A3 | Systems and methods for on-site bioremediation of scrap materials | Inactive | 08-Apr-2023 | ||
| US-20240334887-A1 | Volarization of gypsum material via mycoremediation | Active | 08-Apr-2023 | A01G24/10 |
Mycocycle Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Mycocycle Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Chicago Early Growth Ventures | Venture Capital | Minority | ||
| Closed Loop Partners | Other Private Equity | Minority | ||
| Illinois Government | Government | Minority | ||
| JLL Foundation | Impact Investing | Minority | ||
| TELUS Global Ventures | Corporate Venture Capital | Minority |
Mycocycle FAQs
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When was Mycocycle founded?
Mycocycle was founded in 2018.
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Where is Mycocycle headquartered?
Mycocycle is headquartered in Bolingbrook, IL.
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What is the size of Mycocycle?
Mycocycle has 17 total employees.
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What industry is Mycocycle in?
Mycocycle’s primary industry is Environmental Services (B2B).
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Is Mycocycle a private or public company?
Mycocycle is a Private company.
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What is the current valuation of Mycocycle?
The current valuation of Mycocycle is .
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What is Mycocycle’s current revenue?
The current revenue for Mycocycle is .
-
How much funding has Mycocycle raised over time?
Mycocycle has raised $7.27M.
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Who are Mycocycle’s investors?
Chicago Early Growth Ventures, Closed Loop Partners, Illinois Government, JLL Foundation, and TELUS Global Ventures are 5 of 12 investors who have invested in Mycocycle.
-
Who are Mycocycle’s competitors?
LanzaTech Global is a competitor of Mycocycle.
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