$85 Million Fundraise Confirms Growing Interest In Mushroom Production

Praised for its nutritional value, its taste and potential health benefits in the cure of certain diseases, Mushroom production has spiked a recent interest in investors throughout the world as start-ups bring new innovations to further the commercial production of fungi.

MycoTechnology to take its mushroom mycelia platform onto the global stage

MycoTechnology, Inc., the world’s leading explorer of mushroom mycelia, has set its sights on achieving global scale and realizing its innovation pipeline after securing a funding injection of $85 million. The recently concluded Series E fundraise represents the Colorado-based company’s largest single round of financing since it was established in 2013, bringing total fundraising to date to more than $200 million. This new investment will allow MycoTechnology to further capitalize on its proprietary fermentation platform, continuing to impact food and nutrition around the world. The company is now positioned to bring its unique product portfolio to even more consumers globally, with a focus on expanding in Europe, Asia, and the Middle East.