MYCL

support

global

production

of

sustainable

product

production

by

providing material and while empowering local communities. We provide

high-performance

and sustainable leather-like material from mycelium. No

animal killings, 6.4 kg less carbon emission, 77,500 L less water consumption,

biodegrade in 20.8 weeks, low-cost production with COGS of USD 9 /sqft,

occupy 99% smaller land use compared to animal leather

Market Size

TAM : (Global

vegan

leather)

USD

89.6 Billion in 2025 with a CAGR of

49.9%

SOM

:

Total

existing

B2B

lead

customers in pipeline are

478,

with

potential revenue generation of

USD

51.2 million annual recurring revenue

in 2023

Traction

• Production Facility 2,000 sqft/yr
• Existing Demand 9,800 sqft -

Production Capacity full until 2027

• 3 Patents and 3 Trademark
• BCorp Certified
• Seed funding & grants USD 800,000
• MIT Solve Circular Economy Award