Emeryville, CA – According to filings with the U.S. Securities and Exchange Commission, MycoWorks is raising $124,999,960.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Matthew Scullin played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About MycoWorks

We create materials at the intersection of art, nature and biotechnology using mycelium, one of the earths most regenerative resources. Our mission is to create a platform for the highest quality materials using Fine Mycelium. Our first product, Reishi offers our partners in fashion an option for leather that is neither animal nor plastic, yet uncompromising in quality and aesthetic expression. Today, our team is growing in order to scale and deliver Reishi to an even broader range of partners in fashion, footwear and beyond. Together, were working towards a world where mycelium enables resilient, creative solutions for any industry dependent on animal and petroleum-derived products. Founded by artists and innovators, MycoWorks is building an inclusive, mission-driven team of people, and a culture where all employees belong. We are passionate learners who are proud of the breakthrough materials were bringing to the world. Join our growing team, and lets grow the future of materials.

To learn more about MycoWorks, visit http://www.mycoworks.com/

Contact:
Matthew Scullin, Chief Executive Officer
510-479-0060
https://www.linkedin.com/in/mlscullin/

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