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Mycotech Labs

MYCL
COMPANY
Mycotech Labs
COHORT
417_2020
EMISSIONS SECTOR(S)
Industry
TECHNOLOGY
Low-carbon Materials (steel / cement / other)
THEY'RE ACCELERATING THE RATE OF CLIMATE INNOVATION BY...
Producing vegan leather from crop waste and mushrooms.
PROBLEM FOCUS
Traditional bovine leather has a sizeable embodied carbon footprint, with the majority coming from the cattle itself, rather than from manufacturing processes.
TECHNOLOGY SOLUTION
Mycotech Labs produces vegan leather from crop waste and mushrooms, with nearly identical performance at a competitive price to animal leather while dramatically reducing land and water consumption. For each square foot of leather, we can save 6.5 kg of CO2 emissions and 77,500 L of water compared with animal leather. The global vegan leather market is estimated at $89.6B today growing fast with a 49.9% CAGR. Currently, MYCL works with 4 big brands and 21 MSME brands to have a market demonstration. This collaboration makes the MYCL production facility full until 2027.
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Bandung, Indonesia
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