AgTech Startup MycoTechnology Raises $34.9 Million

According to a recent SEC filing, MycoTechnology has raised $34.9 million in financing from an undisclosed investor.

MycoTechnology is a food technology company that uses fungi based food-processing platforms to transform the flavor and value of agricultural products. The platform can be used to solve a variety of challenges faced by the food, beverage, and flavor industries.

MycoTechnology has released ClearTaste, an all-natural, GMO-free, organic bitter blocker that is Kosher and Halal certified and improves the flavor of agriculture products. It also engages in fermenting agricultural products with strains of gourmet fungi. The company offers myceliated chocolate, and it develops and licenses a technology to the industry that naturally improves the flavor of robusta and arabica coffee.