Founded in 2013
Alan Hahn, CEO
MycoTechnology is a fungi fermentation specialty ingredient company that has developed a platform leveraging the mycelium of gourmet mushrooms to create new and beneficial ingredients and bioactive processes. MycoTechnology’s initial product, ClearTaste™, is the world’s first all-natural organic taste modulator to reduce bitterness, astringency and sourness. The company has also developed the technology to efficiently produce high quality non-animal protein.
MycoTechnology makes value-added ingredients such as coffee, cacao and stevia taste less bitter, allowing them to be more attractive to manufacturers and consumers. The company’s products greatly reduce/eliminate the need for sugar by blocking the perception of bitterness and other taste related defects. This positively impacts both manufacturers who are looking to achieve a clean label with lower sugar content and consumers who want to reduce the amount of sugar they consume on a daily basis. The company has also developed a novel non-animal protein providing a full amino-acid profile to meet the growing demand for sustainable protein.
Our investment in MycoTechnology was driven by our belief that the company has a game changing technology platform that is unlocking unique and valuable products and processes from mycelium with positive impacts on human health.