Increasing the availability of healthy, sustainable, and high-quality food options through mushroom fermentation.
Headquarters Aurora, Colorado, United States
MycoTechnology is a food technology which has developed a novel organic food processing platform that transforms agricultural material into functional ingredients. Their flagship product, ClearIQ™, has broad spectrum bitter blocking capabilities that reduces bitterness perception. With less bitterness, products become more palatable, which is important in sugar reduction and elimination. Their second product, FermentIQ™, is a plant-based protein that has been transformed through mushroom fermentation. Fermenting pea and rice protein with shiitake mushroom mycelium improves taste, decreases aroma, and increases solubility and functionality. FermentIQ™ is dairy-free, soy-free, gluten-free, and nut-free and doesn't contain any of the other top eight allergens recognized by the FDA that represent >90 percent of all food related allergies. MycoTechnology is dedicated to increasing the availability of healthy, sustainable, and high-quality food options through mushroom fermentation.
- Raised over $184 million to date. Investors include Greenleaf Foods, S2G Ventures, Tyson Ventures, Eighteen94 Capital and Evolution Partners.
- Won first place in the 2020 Radicle Protein Challenge by Syngenta, earning a $1 million prize.
Currently Operating in Nine Regions
July 29, 2021
Why MycoTechnology and Planterra are joining forces in plant-based
With a similar attitude toward innovation, the fermented ingredients maker and JBS USA's alternative protein subsidiary say this partnership adds to R&D and new product possibilities.Read on Food Dive »
January 24, 2023
MycoTechnology granted Novel Food approval for FermentIQ plant protein produced using mycelial fermentation
Alan Hahn said, “Authorization means we can now offer food and beverage manufacturers access to our cutting-edge plant protein in Europe for the first time.”Read on Nutritional Outlook »
November 29, 2022
Mycotechnology and IFF join forces in Europe to create better food system
Mycotechnology, a company using mycelia, the roots of mushrooms, and IFF have formed a partnership to co-develop alternative proteinsRead on Labiotech.eu »
More Ventures in Food & Water
Get the Unreasonable Newsletter
Get twice-monthly updates on MycoTechnology, Inc. and over 361 other ventures working to solve the world's toughest problems.
Must select the list to subscribe to.