MycoTechnology Revenue and Competitors

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Denver, CO USA

Location

$184.4M

Total Funding

Food

Industry

Estimated Revenue & Valuation

  • MycoTechnology's estimated annual revenue is currently $23.8M per year.(i)
  • MycoTechnology received $30.0M in venture funding in January 2019.
  • MycoTechnology's estimated revenue per employee is $270,000
  • MycoTechnology's total funding is $184.4M.

Employee Data

  • MycoTechnology has 88 Employees.(i)
  • MycoTechnology grew their employee count by 5% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$9.5M4438%N/AN/A
#2
$8.4M3986%N/AN/A
#3
$12.9M538%N/AN/A
#4
$307.7M81410%N/AN/A
#5
$7.3M452%N/AN/A
#6
$43.1M14510%N/AN/A
#7
$111M329N/AN/AN/A
#8
$36.7M1360%N/AN/A
#9
$4.9M3513%N/AN/A
#10
$4.3M31-3%N/AN/A

MycoTechnology is a food technology company focused on solving the biggest challenges in the food and beverage industry by using their fungi fermentation platform. Their flagship product, ClearTaste®, is the world's first organic bitter blocker, which helps companies reduce the sugar content of their products by blocking bitterness. Thier second product, PureTaste®, is the world's next generation of alternative proteins.

keywords:Agriculture,Biotechnology,Food & Beverages,Healthcare,Pharmaceuticals

$184.4M

Total Funding

88

Number of Employees

$23.8M

Revenue (est)

5%

Employee Growth %

N/A

Valuation

N/A

Accelerator

MycoTechnology News

2022-03-30 - MycoTechnology raises $85 million in Series E funding

Founded in 2013, MycoTechnology has developed a range of solutions offering sugar reduction, sustainable protein, nutrient density and more in...

2022-03-22 - MycoTechnology nets $85m Series E from sovereign fund, ag ...

Founded in 2013, MycoTechnology says it harnesses “the metabolic engine of mushrooms, known as mycelium, using natural fermentation to create...

2022-03-22 - MycoTechnology raises $85M for innovation and international ...

Fermented mushroom ingredients powerhouse MycoTechnology raised $85 million in a Series E investment. The round was led by a group...

2020-11-20 - Alt Protein Startups MycoTechnology & BlueNalu Take Home Top Prizes In Radicle Protein Challenge

1 1 Share 3 Mins Read MycoTechnology and BlueNalu have been named winner and runner-up of the Radicle Protein Challenge by Syngenta, bagging home US$1 million and US$250,000 in investment respectively. The challenge was launched by California-based VC Radicle Growth and ChemChina-owned Swiss ...

2020-11-06 - MycoTechnology and BlueNalu Announced Winners of Radicle Protein Challenge, Receive $1.25M Investment

BlueNalu's whole-muscle, cell-based yellowtail fish tacos, image supplied Radicle Growth has announced MycoTechnology and BlueNalu as the winners of Syngenta’s Radicle Protein Challenge. The Challenge was initiated to uncover innovation and invest a total of $1.25 million in two leading players ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$22.3M91N/AN/A
#2
$7.5M917%N/A
#3
$26.7M9226%N/A
#4
$21.3M9212%N/A
#5
$15.7M93-21%N/A

MycoTechnology Funding

DateAmountRoundLead InvestorsReference
2014-02-20$UndisclosedSecondArticle
2014-02-24$1.0MUndisclosedArticle
2015-08-17$6.7MUndisclosedArticle
2015-10-19$9.2MAS2G VenturesArticle
2017-09-15$35.0MBArticle
2017-10-19$45.0MBS2G VenturesArticle
2018-09-21$23.5MUndisclosedArticle
2019-01-31$30.0MUndisclosedMiddleland MT HoldingsArticle