Tag: <span>Mycocycle</span>

Tag: Mycocycle

RT3 Member Mycocycle Launches Raise on REG CF Platform

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The company is seeking funding for its technology that uses fungi to recycle asphalt roofing materials into reusable resources.

(Bolingbrook, Illinois) December 1, 2020 – Mycocycle, Inc., a leader in using mycoremediation to process toxins out of waste and a member of the Roofing Technology Think Tank (RT3), today announced the launch of its StartEngine equity crowdfunding campaign. The StartEngine platform gives the public the opportunity to invest in startup companies in return for equity in the company.

“We are thrilled to be participating in the new world of equity crowdfunding,” said Joanne Rodriguez, Mycocycle founder and CEO, as well as a roofing industry veteran. “Mycocycle is committed to using the science of mushrooms to divert roofing waste from landfills. With only 15 percent of landfill space left, we must work to find a better solution. Together, we can change how we view waste: as a resource, not a burden.”

Mycocycle uses mushrooms to remove toxins from waste and convert it into reusable resources. The company is an early-stage, pre-revenue startup that has lab-based proof of concept on multiple treatment methodologies. The patent-pending process accelerates and emulates the process of breaking down materials in nature, but in an enclosed and controlled environment. The company is raising funding to support the simultaneous scale up and derisk of its technology.

“We encourage anyone interested in helping the environment to consider investing,” Rodriguez stated. “With the help of crowdfunding, we can help launch the waste management industry into the future.”

Learn more about the company’s mission, goals and growth plan by visiting www.startengine.com/mycocycle.

About Mycocycle

Mycocycle, Inc. was founded in October 2018. It is a woman-owned, early stage cleantech company using mycoremediation to process toxins out of waste. Mycocycle was recognized as a Finalist in FastCompany’s “2020 World Changing Ideas” Awards issue, a presenter for NREL’s 2020 Industry Growth Forum, a 2020 Innovation selection in the EPA’s Innovation and America Recycle’s Fair, and the winner of the Cleantech Open National 2020 Resiliency Challenge. For more information visit www.mycocycle.com. 

Fast Company Announces Winners of 2020 World Changing Ideas Awards

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RT3 member Mycocycle, Inc. selected as finalist in Best World Changing Idea NA, Experimental and General Excellence.

The winners of Fast Company’s 2020 World Changing Ideas Awards were announced, honoring the businesses, policies, projects, and concepts that are actively engaged and deeply committed to flattening the curve when it comes to the climate crisis, social injustice, or economic inequality.

Mycocycle, Inc.: Converting Waste Streams into Value Streams has been selected as a finalist in the Best World Changing Idea NA, Experimental, and General Excellence categories.

Now in its fourth year, the World Changing Ideas Awards showcase 26 winners, more than 200 finalists, and more than 500 honorable mentions—with Health and Wellness, Corporate Social Responsibility, and AI and Data among the most popular categories. A panel of eminent judges selected winners and finalists from a pool of more than 3,000 entries across transportation, education, food, politics, technology, and more. The 2020 awards feature entries from across the globe, from Vancouver to Singapore to Tel Aviv.

Illustrating how some of the world’s most inventive entrepreneurs and companies are addressing grave global challenges, Fast Company’s May/June issue celebrates, among others, an electric engine for airplanes that eliminates emissions from flights—and expensive fuel from the tricky financial calculus of the airline industry; a solar-powered refrigerator that finally frees people in remote villages from daily treks to distant markets, transforming the economics of those households; an online marketplace that connects food companies with farms to buy ugly and surplus produce to fight waste; and an initiative to offset all of the carbon costs of shipping, creating a new model for e-commerce sustainability.

“I am honored and stunned to have Mycocycle recognized in one category, let alone three,” says Joanne Rodriguez, Founder and CEO of Mycocycle. “We have been working hard to shift the narrative on viewing trash as a resource to drive a more circular solution to waste management. Our ‘mushroom’ tech mimics nature’s processes in a controlled environment to do just that. If we don’t drive innovation in this field, we will continue to face a growing issue that is harmful to environments worldwide.”

“There seems no better time to recognize organizations that are using their ingenuity, resources, and, in some cases, their scale to tackle society’s biggest problems,” says Stephanie Mehta, editor-in-chief of Fast Company. “Our journalists, under the leadership of senior editor Morgan Clendaniel, have uncovered some of the smartest and most inspiring projects of the year.”

About the World Changing Ideas Awards: World Changing Ideas is one of Fast Company’s major annual awards programs and is focused on social good, seeking to elevate finished products and brave concepts that make the world better. A panel of judges from across sectors choose winners, finalists, and honorable mentions based on feasibility and the potential for impact. With a goal of awarding ingenuity and fostering innovation, Fast Company draws attention to ideas with great potential and helps them expand their reach to inspire more people to start working on solving the problems that affect us all.