We are raising a Seed round to set up a pilot factory and scale our mycelium technology.
We develop carbon-storing insulation materials with fully automated mycelium production technologies.
In 2024, we secured an impressive €2M in grants to power our cutting-edge development and scaling initiatives over the next 2 years. With proprietary IP, a team of top-tier experts, and an expanding state-of-the-art production facility, we are poised to deliver our material to the house production market.
Our pioneering design products, shipped to over 15 countries in 2023, demonstrate our mastery of mycelium material production. As we move forward, our next phase focuses on supplying innovative, sustainable insulation materials tailored for the carbon-neutral building sector.
To provide the own funding rate for the grants and final push, we are open for investors with €1 - 1.5M investment.
Interested?
Drop us a note here and we’ll send you the investor deck and grant access to data room.
Milestones
Pilot factory
By the end of this phase, we are producing novel building materials and ready to scale up.
Fully automated production line
We are pioneering a unique mycelium production line that will fill a critical gap in the market, making it viable for mass-market adoption.
To the market!
We will deliver projects with house producers & architects that are already lined up. In this phase, mycelium-insulated houses will become reality.
Market
We are developing our technology to meet future market needs. The EU building sector is undergoing radical change due to stringent regulations for greener, more efficient housing. Our innovation paves the way for the commercial production of mycelium-based materials.
Key market drivers include:
- Construction’s Environmental Impact: The construction industry is responsible for consuming 50% of raw materials and 40% of energy, contributing 37% to global CO2 emissions;
- Building Inefficiency and Renovation Targets: 75% of buildings in the EU are considered inefficient, with a target to renovate 35 million homes by 2030 to meet carbon neutrality goals;
- Renovation and Insulation Demand: The current volume of insulation materials stands at 250 million m³ annually, but to meet the carbon neutrality target, the renovation rate must double;
- Shift Towards Sustainable Materials: The market for environmentally friendly building materials is growing at three times the rate of traditional materials;
- Regulations and Carbon Footprint: As the carbon footprint per square meter becomes more important, some countries are introducing regulations to restrict the renting or selling of unrenovated properties.
Nature's technology
As a prime example of efficiency, strong unit economics, and sustainability, mycelium material embodies the principles of a circular economy by transforming industrial leftovers into valuable materials with mushroom mycelium. With minimal input costs — relying on upcycling and the material’s ability to grow at ambient temperatures — our approach is both cost- and energy-efficient. We focus on using this material in applications like insulation and acoustics, harnessing not only its impressively low carbon footprint but also its exceptional performance properties.
Turning €3/m³ leftovers into €100/m³ high-performance products proves this approach is both scalable and profitable.
Material properties
Thermal conductivity λ = 0.037 (W/mK)
Same or better than mineral wool
Fire class D
To obtain legal approval, insulation materials must be categorized into European class E or higher DIN EN 13501- 1
Sound absorbing
75 % on higher frequencies
Produced without toxic additives
No harmful chemicals used in the production process
Environmentally friendly
Compostable and safe afterlife
Competitive price
Price-wise, we're competing with traditional polluting materials
Our investors and financial supporters
- Mistletoe - Japanese impact fund
- EIT Climate KIC Accelerator, EU largest cleantech accelerator
- Optimist
- Enterprise Estonia
- Estonian Research Council
- Horizon Europe
- German Ministry of Culture
- Beamline Deeptech Accelerator and Estonian Environmental Investment Center
Our development partners
- Tallinn Technical University
- Northumbria University in London
- Estonian Woodhouse Association
- Tartu University
- Estonian Academy of Arts
- Timber Architecture Research Center
- VIVITA: Creativity Accelerator for Kids & Youth
- AIRE: AI & Robotics Research Center
Bio-based solutions, like mycelium, are not only better for our health and the planet but also promote a more sustainable and harmonious society.
Imagine living in homes that support our well-being while reducing environmental impact—innovation with both heart and purpose.
Our current products
How it's made
First we cultivate mycelium
Mycelium, the natural binder, is the key ingredient for growing our high-performing materials.
We add leftovers
Organic industrial leftovers are valorised in the process.
We create an enviroment for the mycelium to flourish
Growing: a completely new way of production. Mycelium binds the leftovers into solid, high-performing, carbon-neutral material.
We take care of the product
We nurture your product, meticulously tending to it throughout its growth stages to ensure optimal conditions for its best development.
We halt growth using our specialised drying technique to ensure our products are safe for both humans and buildings.
We ensure high quality in our products through meticulous attention to detail.
