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Kab. Bandung Barat

Fundraising Ended
(WJIS 2021) Mycotech Eco Factory

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

Investment Target

IDR 71,000,000,000

Project Status

Done
- Textiles

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