Mushroom Material Newsroom
Looking for our latest press release? Interested in featuring Mushroom Material in your next news story? Or perhaps you’d like to explore where we’ve already made headlines? You’re in the right place, scroll down to discover more!
Company Overview
At Mushroom Material, we’ve developed an affordable, scalable, and 100% home-compostable material that offers a sustainable alternative to expanded polystyrene.
Our innovation lies in mycelium-based pellets, designed to integrate seamlessly with existing moulding equipment.
We enable companies to transition from harmful plastics to eco-friendly alternatives, making the switch easier, more efficient, and minimizing disruption to their supply chains.

Latest Press release
Have you heard the latest? Our team is unstoppable when it comes to innovation, they’re true go-getters! Check out our recent press releases to see what we’ve been up to.
US$5 million seed round
Mushroom Material bags US$5m seed round for fungi-based STYROFOAM™ alternative

Previous press releases
Featured News Articles & Awards

Right Business | Hongbin Jeong
No room for plastic, but much room for innovation

The Tech Business Podcast
We discuss transforming agricultural waste into eco-friendly packaging with Paul Essery

ASB CleanTech Trek (USA & Europe)
Mushroom Material is proud to be a part of the Clean Tech Mission

Callaghan Innovations Up and coming companies
Mushroom Material’s approach sets a new standard for sustainable packaging

2024 Cleantech 50 to Watch
Anthony DeOrsey lists Mushroom Material as one to watch

Fiona Rotherham | NBR
Three Kiwi cleantech startups make global top 50 to watc

Startup Rise | Asia Pacific
An issue sparked an Idea, Leading to a Successive Startup

Technode Global
SEEDS Capital back Mushroom Material in US$5M seed funding

Nurin Sofia | Techedt
Mushroom Material raises over US$5 million

KrASIA | Deals in brief
Material secures funding to produce fungi-based Styrofoam™ alternative

Jan Arreza | PKN Packaging News
Fungi-based styrofoam start-up secures NZ$8.5m

Greg Hurrell | Business Desk
“Mushroom Material's $8.5m raise could make polystyrene obsolete”

Fiona Rotherham | NBR
The startup has developed a fungi-based material as an alternative to expanded polystyrene

Radio NZ | Nine to Noon
Could fungi provide a solution to plastic packaging waste?

Climate Impact Innovations Challenge
Mushroom Material Finalist in Climate Impact Innovations Challenge

Dana Leigh | Tech Round
10 Startups In New Zealand To Keep an Eye On

Mushroom Material Named JEC Startup Booster Finalist
Selected among 20 global innovators to pitch at JEC World 2024

AGRI-TECH INNOVATOR Award Winner
NEC Innovation Challenge 2023, Kawasaki City winner

2Degrees Auckland Business Awards
Excellence in Sustainability Award Finalist
STYROFOAM™ is a trademark owned by DDP SPECIALTY ELECTRONIC MATERIALS US, LLC