Mycelium Technologies

What Mycelium Technologies does

Mycelium Technologies is a French deeptech food startup founded in 2022 and incorporated as a Société par Actions Simplifiée (SAS) registered in Nice, with operational headquarters in Orsay (Paris-Saclay). The company develops and commercializes a novel food product called Mynion, made from fungal mycelium (the hyphae of mushrooms) and positioned as neither animal- nor plant-based. Mynion is sold frozen to professional kitchens and is marketed as 100% natural, vegan, rich in protein, essential amino acids, fiber (including beta-glucans), vitamins, antioxidants, and minerals, with a low fat and sugar profile.

The underlying technology is a proprietary solid-state fermentation platform branded Myctechs™, which is covered by three granted patents. The process cultivates mycelium on plant-based substrates (legumes, oilseeds, and agricultural co-products) sourced from French agricultural cooperatives, which the company claims delivers more than a 97% reduction in water, land use, and carbon emissions versus animal protein production (pending life-cycle assessment). The company has received broad innovation recognition, including the i-Lab 2023 prize, NETVA USA 2024, EIT Food Seedbed, Bpifrance Les Deeptechs, IncubAlliance Paris-Saclay, Wilco One, and multiple 2024–2025 food industry accolades.

The business model is B2B: Mynion is sold quotation-based to three customer segments — food service professionals, food distributors, and large food groups — via direct field sales, participation in trade shows (SIRHA, SIAL, Snack Show, European Agritech Show, Station F Food Paradigm), and reference-chef endorsements (notably Chef Cyrille Rougé at Club Elior ST Microelectronics, Ecotable 2025 winner). Pricing is not publicly disclosed. The company launched its first external fundraising round in April 2025 targeting €750,000, with a planned follow-on round of €4.5 million the following year. Headcount is 1–10 employees and no revenue is disclosed.

Name

Mycelium Technologies

Legal name

Mycelium Technologies SAS

Website

https://mycfoods.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Mycelium Technologies is a French deeptech food startup that produces Mynion, a frozen mycelium-based food ingredient made via proprietary solid-state fermentation, sold B2B to food service professionals, distributors, and large food groups in France.

Ownership category

akta.pro rank

Product category

Alternative Protein Foods

NAICS

Frozen Specialty Food Manufacturing (311412)

SIC

Miscellaneous Food Preparations & Kindred Products (2090)

akta.pro primary industry

Mycoprotein-Based Foods Manufacturing (AFAKAGAG)

akta.pro secondary industry

Mycoprotein & Fungal Proteins (Fusarium/Mycelium-Based) (AFAJAHAE)

Keywords

• Mycelium food products
• Alternative protein foods
• Solid-state fermentation
• Fungal biomass ingredients
• Food biotechnology

Headquarters

HQ city

Nice

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Mynion Product Sales: Sale of Mynion mycélium-based food products to food service professionals, distributors, and large groups. Product sold frozen, ready to cook for professional kitchens.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Mycelium Technologies (operating as Mycfoods) develops and produces Mynion, a frozen food ingredient made from fungal mycelium (mushroom hyphae) using proprietary solid-state fermentation technology (Myctechs™). The product is sold to food service professionals, distributors, and large food groups as a 100% natural, vegan, protein- and fiber-rich alternative to animal protein, featuring an umami flavor and tender texture.

Product overview

Mycelium Technologies (operating as Mycfoods) offers a single main product called Mynion - a novel food made from fungal mycelium (the hyphae of mushrooms). The product is positioned as a sustainable protein alternative, rich in proteins, fiber including beta-glucans, vitamins, antioxidants and minerals, with an umami flavor and tender texture. It is 100% natural, vegan, and available frozen. The company markets to food service professionals, distributors, and large groups seeking nutritious, vegan, and responsible food offerings. Mynion can be cooked as a main dish, used in minced form in recipes, or serve as a culinary base for creative preparations.

Differentiator

Problem solved

Functional benefit

Brands

• Mynion: A food product made from fungal mycelium (hyphae of mushrooms), marketed as a new food that is neither animal nor plant-based, featuring umami flavor and tender texture. Available frozen for food service professionals, distributors, and large groups seeking nutritious, vegan, and responsible food options.

Products and services

• Mynion A novel frozen food product made from fungal mycelium (mushroom hyphae) cultivated via proprietary Myctechs™ solid-state fermentation technology. Positioned as neither animal nor vegetable, rich in proteins with all essential amino acids, fiber including beta-glucans, vitamins, antioxidants, and minerals, and very low in fats and sugars. Features an umami gourmet flavor and tender savory texture. Sold frozen to food service professionals, distributors, and large food groups for use as a main dish, in minced form within recipes, or as a culinary base for creative preparations.

Quantifiable outcome

• 97%+ reduction in water, land use, and carbon emissions vs animal protein production
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• IncubAlliance Paris-SaclaycoreStrategic or Co-development PartnerDeeptech incubator providing acceleration support and mentorship. Company joined acceleration program in June 2024. IncubAlliance is co-located with Genopole in Paris-Saclay ecosystem.
• GenopolecoreStrategic or Co-development PartnerFrench biotech cluster supporting company development. Company participates in joint programs with IncubAlliance. Hosted product tasting at Genopole inauguration event.
• WilcominorStrategic or Co-development PartnerSelected for Wilco One acceleration program among 7 AgriTech/FoodTech startups.
• EIT FoodcoreStrategic or Co-development PartnerEuropean Institute of Innovation and Technology Food program. Company selected for EIT Food Seedbed Incubator for market discovery and validation. Member of EIT Food network.
• FoodTech FranceminorGTM or Marketing PartnerRepresented company at SIAL Paris FoodTech France village, showcasing innovations at major food industry event.
• EliorminorStrategic or Co-development PartnerMajor food service company where Chef Cyrille Rougé (Mycelium Technologies culinary reference) works at Club Elior ST Microelectronics, winning Ecotable 2025 award.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Quorn: Global category leader in mycoprotein foods (Fusarium venenatum-based products). Most directly comparable to Mycelium Technologies - same mycoprotein-from-fungal-fermentation category serving food service and retail, though Quorn uses liquid fermentation at massive scale.
• Nature's Fynd: US-based alternative protein company producing fungal biomass (Fy Protein) from a Fusarium strain via fermentation. Closely comparable core technology (fungal fermentation for food) and B2B foodservice/CPG positioning.
• MyForest Foods: US mycelium food company (formerly Meati Foods) producing whole-cut and minced mycelium products for retail and foodservice. Direct category peer using fungal mycelium as the primary protein source.
• Mycorena: Swedish mycelium fermentation startup developing fungal protein ingredients (Promyc). Direct peer in fungal biomass technology with B2B ingredient and food applications.
• Prime Roots: US startup producing whole-cut meat alternatives from mycelium (koji) for foodservice and CPG. Directly comparable product category - mycelium-based whole cuts and ground products.
• The Better Meat Co: Alternative protein company producing mycoprotein-based whole cuts and ingredients for food industry customers. Overlapping target market (foodservice B2B) and adjacent mycelium/fungal fermentation approach.

Broad incumbents

• Ecovative Design: Leading mycelium technology platform operating across packaging, materials and food (Atlast Food Co subsidiary). Broader incumbent in fungal mycelium applications, intersecting with Mycelium Technologies on food applications.
• Impossible Foods: Established plant-based meat incumbent with broad foodservice and retail distribution. Indirect competitor in alternative protein menu displacement, serving the same B2B foodservice buyers Mycelium Technologies targets.
• Beyond Meat: Largest publicly-traded plant-based meat brand with deep foodservice penetration. Competes for the same hospitality and catering menus where Mycelium Technologies positions Mynion as a premium alternative.

Emerging players

• Mogling Meats (Mogling): Earlier-stage European mycelium protein startup developing koji-based meat alternatives. Similar emerging-stage mycelium-food positioning relevant to Mycelium Technologies' market and category.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mycelium-technologies

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors1 record

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 Mycelium Technologies