close
MENU
How to guide
How to guide
Home
The NBR List
Te Ao Māori
NBR Marketplace

Categories

General Business Investment Economics Te Ao Māori Politics Infrastructure Australia Tech & Innovation Finance Law Professional Services Primary Industries Retail Property Deals Aviation News Comings & Goings

Analysis

All Economy Matters Edwards on Politics Hunter’s Corner Last Word Margin Call On the Money Shoeshine Underarm NBR Focus

Featured

NBR View Podcasts Audio Articles Entrepreneurs Your Business Beehive Banter Morning Brew Toil & Trouble NZ Aviation News Back Issues Market Outlook Dollars & Sense Private Bin Opinion (Archive) NBR Radar (Archive) NBR Rich List (Archive)
Tech & Innovation
5 mins to read

Mushroom Material raises $8.5m to build Auckland pilot plant

The startup has developed a fungi-based material as an alternative to styrofoam and cardboard packaging.

WATCH: NBR's Fiona Rotherham speaks with Mushroom Material's Shaun Seaman.

Fiona Rotherham Tue, 06 Aug 2024

Mushroom Material, an Auckland-based startup aiming to replace styrofoam with pelletised fungi packaging, has raised $8.5 million in seed funding.

The seed round was led by Singaporean investors Wavemaker Partners and SEEDS Capital (the investment arm of government-owned Enterprise Singapore). It

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
View terms and conditions.
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Fiona Rotherham Tue, 06 Aug 2024
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
Mushroom Material Shaun Seaman sustainable packaging Wavemaker Partners Icehouse Ventures
Related News
Tech & Innovation
1

Lack of investment biggest bugbear for NZ’s cleantech companies
Tech & Innovation
4

When you go to raise NZ$4m and end up with US$4m
General Business
3

What Health NZ is doing to help the growing healthtech sector
Related News
Tech & Innovation
1

Lack of investment biggest bugbear for NZ’s cleantech companies
Tech & Innovation
4

When you go to raise NZ$4m and end up with US$4m
General Business
3

What Health NZ is doing to help the growing healthtech sector
Mushroom Material raises $8.5m to build Auckland pilot plant
Tech & Innovation,
105078
true
Subscribe Login