MycoTechnology Overview
- Year Founded
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2013
- Status
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Private
- Employees
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86
- Latest Deal Type
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Series E
- Latest Deal Amount
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$85M
- Investors
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45
MycoTechnology General Information
Description
Operator of a food technology company intended to improve the nutritional characteristics of food products. The company has developed a novel food processing platform that uses gourmet fungi and mycelial fermentation to transform agricultural products and improve their taste, value, and nutritional characteristics, enabling food producers to incorporate healthier ingredients and improve brand association.
Contact Information
Website
www.mycoiq.comCorporate Office
- 18250 East 40th Avenue
- Suite 50
- Aurora, CO 80011
- United States
Corporate Office
- 18250 East 40th Avenue
- Suite 50
- Aurora, CO 80011
- United States
MycoTechnology Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Later Stage VC (Series E) | 01-Mar-2022 | $85M | Completed | Generating Revenue | ||
| 7. Later Stage VC (Series D) | 15-Jan-2021 | Completed | Generating Revenue | |||
| 6. Grant | 05-Nov-2020 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series C) | 30-Jan-2019 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C1) | 06-Dec-2018 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 18-Oct-2017 | Completed | Generating Revenue | |||
| 2. Debt - General | 27-Oct-2016 | $9.2M | Completed | Startup | ||
| 1. Early Stage VC (Series A) | 30-Jul-2015 | $9.2M | $9.2M | Completed | Startup |
MycoTechnology Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series E | ||||||||
| Series D | ||||||||
| Series C-1 | ||||||||
| Series C | ||||||||
| Series B | 10,314,999 | $0.000100 | $4.21 | $4.21 | 1x | $4.21 | 26.48% | |
| Series A | 4,001,182 | $0.000100 | $2.87 | $2.87 | 1x | $2.87 | 10.27% |
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
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MycoTechnology Comparisons
Industry
Financing
Details
MycoTechnology Competitors (5)
One of MycoTechnology’s 5 competitors is Chinova Bioworks, a Venture Capital-Backed company based in Fredericton, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Chinova Bioworks | Venture Capital-Backed | Fredericton, Canada | ||||
| Meati | Venture Capital-Backed | Boulder, CO | ||||
| Alpha Foods | Formerly VC-backed | Glendale, CA | ||||
| Infinite Roots | Venture Capital-Backed | Hamburg, Germany | ||||
| Prime Roots | Venture Capital-Backed | Berkeley, CA |
MycoTechnology Patents
MycoTechnology Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20230210154-A1 | Sweet protein mutants from truffle | Pending | 30-Dec-2021 | ||
| AU-2022426794-A1 | Sweet protein mutants from truffle | Pending | 30-Dec-2021 | ||
| EP-4457236-A2 | Sweet protein mutants from truffle | Pending | 30-Dec-2021 | ||
| EP-4352201-A1 | Methods for the production of mycelial biomass from date extract | Pending | 11-Jun-2021 | ||
| US-20240263129-A1 | Methods for the production of mycelial biomass from date extract | Pending | 11-Jun-2021 | C12N1/14 |
MycoTechnology Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
MycoTechnology Investors (45)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alphacy Investment | Venture Capital | Minority | ||
| Bloom8 | Venture Capital | Minority | ||
| DAO Jones | Venture Capital | Minority | ||
| Hemisphere Ventures | Venture Capital | Minority | ||
| Mandell Ventures | Venture Capital | Minority |
MycoTechnology Investments (1)
MycoTechnology’s most recent deal was a Joint Venture with Vital Foods Technologies. The deal was made on 04-May-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Vital Foods Technologies | 04-May-2022 | Joint Venture | Other Commercial Products |
MycoTechnology FAQs
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When was MycoTechnology founded?
MycoTechnology was founded in 2013.
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Where is MycoTechnology headquartered?
MycoTechnology is headquartered in Aurora, CO.
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What is the size of MycoTechnology?
MycoTechnology has 86 total employees.
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What industry is MycoTechnology in?
MycoTechnology’s primary industry is Food Products.
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Is MycoTechnology a private or public company?
MycoTechnology is a Private company.
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What is the current valuation of MycoTechnology?
The current valuation of MycoTechnology is .
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What is MycoTechnology’s current revenue?
The current revenue for MycoTechnology is .
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How much funding has MycoTechnology raised over time?
MycoTechnology has raised $221M.
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Who are MycoTechnology’s investors?
Alphacy Investment, Bloom8, DAO Jones, Hemisphere Ventures, and Mandell Ventures are 5 of 45 investors who have invested in MycoTechnology.
-
Who are MycoTechnology’s competitors?
Chinova Bioworks, Meati, Alpha Foods, Infinite Roots, and Prime Roots are competitors of MycoTechnology.
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