MycoWorks, which produces an animal-free leather alternative, has raised $45 million in a Series B round co-led by Taiwan’s WTT Investment and California’s DCVC Bio.New investors included Valor Equity Partners, Humboldt Fund, and Gruss & Co, as well as “several major fashion brands” and other undisclosed parties. The startup can now also claim celebrity backing, with musician John Legend and actor Natalie Portman participating in the round.
Source: MycoWorks closes $45m Series B; John Legend, Natalie Portman invest