Mycocycle is a nature-inspired and woman-owned biotechnology startup that leverages fungi to transform industrial waste into reusable materials. Founded in 2018, the company is on a mission to drive circularity in the construction supply chain and divert waste from landfills with its innovative solution. Mycocycle blends lab-cultivated fungi with debris at the point of waste generation to detoxify hard-to-recycle building materials and turn them into new raw materials. Its customers include companies across the waste management, recycling, and manufacturing industries, as well as companies focused on reducing Scope 3 emissions.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 05/09/23 | $2,200,000 | Seed |
Alumni Ventures Group Anthropocene Ventures  Telescopic Ventures TELUS Ventures | undisclosed |
