What Mycomine does

MycoMine AB is a Swedish biotech startup founded in 2021 that uses fungal-based bioremediation to degrade persistent industrial pollutants — including hydrocarbons, PAHs, halogens, PFAS, and dioxins — at the molecular level, converting them into non-toxic outputs (CO2, water, biomass). The company originated from 2014 research that discovered oil-degrading fungi in Stockholm's subway, with first prototypes developed in 2020 and commercial incorporation in 2021. It is headquartered in Årsta, Stockholm, and operates with a 1–10 person team.

The core product is MycoCube, a containerized modular treatment system that deploys selected fungal strains on-site to treat contaminated soil, water, and industrial residues in both liquid and solid states. The system is paired with a proprietary fungal library of strains optimized for specific pollutant classes, and is supported by a closed-loop soil remediation prototype for heavy-metal accumulation. MycoMine has demonstrated up to 99.9% hydrocarbon degradation (MycoCube, 2023), 76–88% degradation in Scania wastewater within 7 days, 96.3% hydrocarbon reduction in 10 days with chlorine removal, and 53%/48%/46%/44% reductions in mercury, copper, nickel, and zinc respectively in the Järfälla field study.

MycoMine operates a Bioremediation as a Service (BaaS) model: each engagement begins with site assessment and sample testing against the fungal library, followed by custom system design, on-site installation of modular units, and laboratory-verified regulatory reporting. Pricing is custom quote-based per project. The company sells via direct enterprise field sales to oil/refinery operators, airports (PFAS), mining operators, manufacturers, and landowners/developers, and serves the Nordic region and broader Europe. Named enterprise/government customers include Scania (wastewater, cutting fluids), Nynas (legacy acid sludge pilot, May 2024), and Järfälla Municipality (110,000 sqm sports-ground remediation). Strategic partners include Fortifikationsverket (Ytterby mine deployment, 2022), STING and Produktionsänglar accelerators (2022), Swedish Mining Innovation (2023 funding), and ALS Global (analytical testing). As of December 2025, the company had raised approximately €1.9M in cumulative funding.

Name

Mycomine

Legal name

MycoMine AB

Website

https://mycomine.se

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

MycoMine AB is a Swedish biotech startup that uses proprietary fungal strains and a containerized MycoCube treatment system to biologically degrade persistent industrial pollutants such as hydrocarbons, PAHs, PFAS, and dioxins on-site, serving oil, mining, airport, manufacturing, and government customers across the Nordic region and Europe via a Bioremediation-as-a-Service model.

Ownership category

akta.pro rank

Product category

Environmental Remediation Services

NAICS

Remediation Services (562910)

SIC

Services-Commercial Physical & Biological Research (8731)

akta.pro primary industry

Bioremediation & Phytoremediation (Enhanced Bioremediation, Natural Attenuation) (EUAIALAF)

Keywords

• Fungal bioremediation
• Industrial waste treatment
• Soil remediation services
• PFAS contamination cleanup
• Modular treatment systems

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Bioremediation as a Service (BaaS): Full-service treatment offering where MycoMine manages the complete remediation process from initial analysis through final laboratory-verified results. Treatment process involves site assessment, fungal strain testing, system design, installation, and ongoing monitoring. The modular containerized system is deployed on-site for direct treatment of contaminated materials.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Mycomine provides Bioremediation as a Service (BaaS) using proprietary fungal strains deployed through its containerized MycoCube modular treatment system to biologically degrade persistent industrial pollutants — including hydrocarbons, PAHs, halogens, PFAS, and dioxins — into non-toxic outputs at customer sites. The full-service offering covers pollutant analysis, site assessment, fungal library testing, custom system design, on-site deployment, and laboratory-verified reporting for industrial operators, refineries, airports, mining sites, manufacturers, landowners, and public-sector clients.

Product overview

MycoMine is a Swedish biotech startup that offers a biological waste treatment platform built around fungal-based bioremediation. The core product portfolio centers on MycoCube, their proprietary containerized modular treatment system, combined with a Bioremediation as a Service (BaaS) delivery model. The system uses selected fungal strains that produce enzymes to break down persistent industrial pollutants at the molecular level, converting contaminants into non-toxic outputs including water, CO₂, and compostable biomass. The company targets both liquid and solid waste streams including hydrocarbons, PAHs, halogens, PFAS, and dioxins.

Differentiator

Problem solved

Functional benefit

Products and services

• MycoCube Modular Treatment System Containerized modular treatment units using fungal-based biodegradation to break down industrial pollutants such as hydrocarbons, PAHs, halogens, PFAS, and dioxins at the molecular level, converting them into water, CO2, and biomass. Achieved up to 99.9% hydrocarbon degradation. Designed for rapid on-site deployment at customer sites.
• Bioremediation as a Service (BaaS)

Quantifiable outcome

• 99.9% hydrocarbon degradation achieved with MycoCube system
• +5 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and supporting.

• Fortifikationsverket (Swedish Fortification Agency)coreStrategic or Co-development PartnerSwedish government agency involved in Ytterby mine remediation project. First scaled MycoCube system deployed at Ytterby mine in 2022 with this partnership. Agency has expressed interest in following the development progress.
• STING (Stockholm Innovation & Growth)supportingStrategic or Co-development PartnerStartup accelerator program joined in 2022 to support company growth and development of biological remediation solutions.
• ProduktionsänglarsupportingStrategic or Co-development PartnerStartup accelerator joined in 2022 alongside STING to support company growth and business development.
• ALS GlobalsupportingTechnology or IntegrationTesting facility used for analytical testing of soil and water samples in remediation projects. Used for regular analytical testing to monitor and adapt bioremediation solutions.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Regenesis: Regenesis is a US-based bioremediation technology company offering products for in-situ treatment of contaminated soil and groundwater. It is a direct peer to MycoMine as both sell biological/chemical remediation solutions to site owners, consultants, and environmental engineering firms dealing with hydrocarbons, chlorinated compounds, and PFAS.
• EOS Remediation: EOS Remediation designs and supplies bioremediation products (electron donors, sustained-release materials) for contaminated groundwater and sediment. It competes with MycoMine in the in-situ bioremediation space serving environmental consultants and remediation contractors.
• Biorem: Biorem is a Canadian bioremediation company focused on biological treatment of contaminated soil, sediment, and water using microbial consortia. It is comparable to MycoMine in approach (microbial degradation) and customer base (industrial site owners and government agencies).
• InSitu Remediation Services (iRS): InSitu Remediation Services is a full-service environmental remediation contractor specializing in in-situ bioremediation, chemical oxidation, and thermal treatment of contaminated sites. It is a direct competitor in delivering site assessment, design, and on-site treatment services to industrial and government clients.

Emerging players

• Locus Bio-Energy Solutions: Locus Bio-Energy Solutions develops microbial products for oilfield, soil, and wastewater applications. It overlaps with MycoMine in using biological systems to break down hydrocarbons and industrial pollutants, though it is more focused on the oil and gas sector.
• AquiSense Technologies: AquiSense specializes in UV-C LED water treatment and disinfection. While not a direct bioremediation peer, it overlaps with MycoMine in developing advanced, non-chemical water treatment technologies for industrial and municipal customers, including those concerned with PFAS and persistent contaminants.

Broad incumbents

• Veolia Environmental Services: Veolia is a global environmental services giant offering soil and groundwater remediation, hazardous waste management, and industrial services. It is a broad incumbent against which MycoMine competes in the contaminated site services market, though Veolia's portfolio spans water, waste, and energy rather than specializing in fungal bioremediation.
• AECOM (Environment business): AECOM's Environment business provides consulting, engineering, and remediation services to industrial, mining, and government clients. It competes with MycoMine for contaminated site work, typically acting as the prime contractor and occasionally subcontracting or evaluating newer technologies such as fungal bioremediation.
• WSP Environment: WSP is a global engineering consultancy with a substantial environment and earth sciences practice that delivers site investigation and remediation services across Europe. It is a broad incumbent competing for the same industrial and government customers that MycoMine targets, though WSP's remediation toolkit is far broader and includes conventional dig-and-haul methods.
• Xylem Water Solutions: Xylem provides water and wastewater treatment technologies and services globally, including advanced treatment for industrial and municipal customers. It is a broad incumbent in the industrial water treatment space, with overlap in target customers (industrial site operators, municipalities) even though its core methods are physical/chemical rather than biological.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mycomine
• Instagraminstagram.com/mycomine.ab
• Xx.com/MycoMine

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Mycomine