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MycoWorks--a California-based biotech company--to develop fungus-based, customizable leather alternatives for automotive interiors on GM Ventures investment; Fine Mycelium matches performance of high quality animal leather with lower environmental impact

GM Ventures invests in biotech firm MycoWorks to co-develop sustainable Fine Mycelium material for automotive applications; Fine Mycelium is a customizable leather alternative made from the root structures of mushrooms

MycoWorks raises US$125M in funding round led by Prime Movers Lab, along with new investors; funds will be used to launch first full-scale Fine Mycelium production plant to meet demand for MycoWorks’ materials, including flagship product Reishi

Biotechnology company MycoWorks to invest US$107M in new Union, South Carolina, manufacturing facility, creating 400 jobs; company specializes in mycelium-grown materials for use as sustainable, luxury-quality leather alternatives

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