MYCEEN

What MYCEEN does

MYCEEN OÜ is an Estonian bio-materials company that produces mycelium-based products spanning two lines: carbon-negative rigid insulation boards for the construction industry, and design products (pendant lamps, furniture blocks, acoustic panels) for interior designers and design-conscious consumers. Both lines rely on the same proprietary process: cultivating mushroom mycelium with industrial organic residues — sawdust, wood chips, straw, and paper-industry by-products — in a fully automated production environment, then halting growth with a specialised drying technique that yields 100% toxin-free, biodegradable material without synthetic additives or glues.

The company's insulation boards report a thermal conductivity of 0.037 W/mK (comparable to mineral wool), fire class D (outperforming conventional wood-fibre insulation's class E), and a verified carbon footprint of -100 kg CO2e per cubic meter. The design product line (B Wise, P Wise, Lo Blox, Acoustic Panels) is custom-priced, grown to order over 5-6 weeks, and has shipped to over 15 countries including the US, UK, and Singapore. Distribution combines a direct e-commerce storefront (D2C) with B2B sales to architects, house producers, and builders, supplemented by architecture-firm collaborations and sustainability-focused distributors such as The Home of Sustainable Things.

The company is backed by a mix of EU and Estonian public grants (EUR 2M+ secured in 2024 from Enterprise Estonia, EuroClusters, EIT Climate-KIC, and others) and is currently raising a EUR 1-1.5M seed round to fund a pilot factory. Its flagship validation project, the PAKK Pavilion at the Estonian Academy of Arts, opened in November 2024 as the first building in the world to use mycelium-based insulation, instrumented with 80+ sensors and monitored through 2026.

Name

MYCEEN

Legal name

Myceen OÜ

Website

https://myceen.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

MYCEEN is an Estonian bio-materials company that produces carbon-negative mycelium-based insulation boards for the construction industry and design products (lamps, acoustic panels, furniture blocks) for architects and consumers, leveraging proprietary automated fermentation and drying technology.

Ownership category

akta.pro rank

Product category

Bio-based Building Materials

akta.pro primary industry

Sustainable Protective & Cushioning Materials (Paper Cushions, Bio-Foams, Mycelium) (IMALAMAH)

Keywords

• Mycelium-based materials
• Bio-based insulation
• Carbon-negative construction
• Sustainable building materials
• Acoustic panels

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Mycelium-Based Building Materials Sales: Sale of carbon-negative insulation materials and acoustic panels to construction industry (house producers, builders, architects) and for renovation projects. Revenue model is primarily one-time product sales with potential for recurring orders as market presence grows.
2. Design Products Sales: Sale of design products (pendant lamps, furniture blocks, acoustic panels) to interior designers, architects, and design-conscious consumers. Products include B Wise, P Wise, Lo Blox, and custom acoustic panels. Lead time of 5-6 weeks for all orders.
3. Grant Funding: Currently heavily supported by grant funding. Secured over EUR 2 million in grants in 2024 from European and Estonian government sources. This funding supports R&D and scaling initiatives.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

MYCEEN produces carbon-negative mycelium-based rigid insulation boards for walls, floors, and ceilings in new builds, prefab structures, and renovations, alongside mycelium-based design products including pendant lamps (B Wise, P Wise), multifunctional furniture blocks (Lo Blox), and acoustic panels. Manufacturing combines mushroom mycelium with industrial organic residues (sawdust, wood chips, straw) via fully automated production technology and a proprietary drying technique that yields 100% toxin-free, compostable, carbon-storing materials.

Product overview

MYCEEN offers two main product lines: carbon-negative building insulation materials (rigid insulation boards for walls, floors, and ceilings) and design/furniture products (pendant lamps, furniture blocks, acoustic panels). Both product lines use the same proprietary mycelium-based material technology, combining mushroom mycelium with industrial by-products from wood and paper processing. The insulation products target the construction industry for carbon-neutral building applications, while the design products demonstrate the material's versatility and have been shipped to over 15 countries. All products are grown to order using a controlled cultivation process.

Differentiator

Problem solved

Functional benefit

Brands

• P Wise: Iconic pendant lamp naturally coloured by fungi without additives. Edition in blush pink presented at NYCxDesign 2024.
• B Wise
• Lo Blox
• Acoustic Panel

Products and services

• Insulation Materials (rigid mycelium insulation boards)

Quantifiable outcome

• Carbon footprint of -100 kg CO2e/m3 verified by Life Cycle Assessment (LCA)
• +5 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Tallinn University of TechnologycoreStrategic or Co-development PartnerDevelopment partner supporting R&D activities and providing material science expertise.
• Northumbria University in LondoncoreStrategic or Co-development PartnerCollaborated with Myceen and Museum of the Home to develop custom mycelium-based acoustic and insulation wall panels. Interaction Research Studio provided research support.
• Estonian Academy of ArtscoreStrategic or Co-development PartnerThrough Timber Architecture Research Center (PAKK), collaborating on PAKK Pavilion test house to monitor mycelium insulation performance. Also involved in design education and material innovation.
• Tartu UniversityminorStrategic or Co-development PartnerDevelopment partner for research and academic collaboration.
• Estonian Woodhouse AssociationminorStrategic or Co-development PartnerIndustry association partner supporting development of wood-based and bio-based building materials.
• Pattern BuildingcoreStrategic or Co-development PartnerCollaborating on PAKK Pavilion project, providing modular construction systems for experimental timber architecture research building.
• The Home of Sustainable ThingscoreChannel Partner/ Reseller/ DistributorLondon-based company connecting forward-thinking spaces with next-generation materials. Realised Morr London acoustic panel project and High Ground Cafe case study. Co-Founder Petko Tashev provided testimonial praising Myceen's quality and design.
• TehnopolminorStrategic or Co-development PartnerLargest science and business park in the Baltics. Myceen participated in Tehnopol's acceleration program and presented at Honorary Consuls' Conference organized with Cleantech Estonia.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds3 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MYCEEN