Mykor, a Bristol-based biotechnology company, has raised £4 million in funding to scale its low-carbon construction materials business.
The investment round was led by Clean Growth Fund. Other participants included the British Business Bank’s South Investment Fund through The FSE Group, Green Angel Ventures, and Innovate UK’s investor partnership programme.
With this round, the company’s total funding has reached £7.5 million.
Mykor develops construction products using industrial and agricultural waste. The company combines engineered mycelium, green chemistry, and industrial manufacturing processes to create low-carbon building systems.
Its products are designed to help contractors and manufacturers integrate biomaterials into mainstream construction projects.
The company plans to use the new capital to expand operations and accelerate product development efforts.
Mykor was co-founded by Olivia Page, CEO, and Valentina Dipietro, COO. The company is focused on developing scalable alternatives for the construction industry as demand for sustainable materials continues to grow.
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