MYCEL

Private

SeoulEnergy & Sustainabilityhttps://mycel.earth/

Last Round

Seed

Aug 16, 2022

Est. Valuation

$50M

Total Funding Raised

$10M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

MYCEL is a biotechnology company that develops renewable mycelium-based biomaterials and regenerative process technologies for the fashion, automotive, and interior design industries.

Sector

Energy & Sustainability

Verticals

Sustainable Materials, Advanced Materials, Circular Economy, Clean Manufacturing

Business Model

B2B

Customer Profile

Services & Consulting, Data as a Service, Usage-Based SaaS

AI Layer

Non-AI

Keywords

mycelium packagingbiodegradable packagingbiomaterialsmushroom packagingbiofabricationsustainable materialscircular economycompostable packagingmaterial scienceESG complianceScope 3 reportingplastic alternativecustom material designclean manufacturinggreen tech

Historical Pricing

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Caplight Momentum Score

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MYCEL Comps

Public and private peers based on sector, stage, and business model.

MYCEL comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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MYCEL Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Seed	Aug 16, 2022

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Key People

Founding team and executive leadership

sungjin Sah

Chief Executive Officer

Executive Team

MYCEL Investors

Notable investors and investment history

MYCEL investors
Investor	Rounds
GS Ventures	Seed
SpringCamp	Seed
Korea Development Bank	Seed
We Ventures	Seed
Stonebridge Ventures	Seed
Industrial Bank of Korea	Seed

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Market signals

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Jun 22, 2026
Monthly visitors increased 208% MoM, reaching 5.1K.

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MYCEL Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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MYCEL Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersSeoul

Employee Range7

Year Founded2020

Last FundingAug 16, 2022

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