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Mushroom Material
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Developer of technology that converts agricultural waste into eco-friendly packaging

Founded in 2020
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Company type Private Public ()
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Industry Group materials & chemicals

Sector advanced materials

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters New Zealand Auckland, New Zealand
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Updated by Sunena Gupta at on 03/31/2025

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Date Partner Type
12/17/2020
Eastern Pacific Accelerator Eastern Pacific Accelerator
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Confirmed by Eastern Pacific Accelerator
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Date Investors Type Amount
08/08/2024 Wavemaker Partners Wavemaker Partners , Seeds Capital Seeds Capital , Icehouse Ventures Icehouse Ventures , K1W1 K1W1 , Black Kite Capital Black Kite Capital (5)
Post-money valuation of
The investment is being used to establish a 1,300-sqm pilot plant in Auckland’s Mount Roskill in New Zealand.
Seed $5,000,000
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