Solid Science from Brunswick Labs Helps MycoTechnology Close $9.2MM Investment

SOUTHBOROUGH, Mass. and AURORA, Colo., Oct. 15, 2015 /CNW/ -- MycoTechnology, an innovative natural food technology company that uses mushrooms to improve the taste of everyday food and drinks announced the first close of its Series A round on $9.2 million. The round involved participation from three venture capital firms: S2G (Seed 2 Growth) Ventures, Paris-based Seventure Partners, and Middleland Capital.

MycoTechnology products and services rest on a foundation of solid science and rely on third-party, independent scientific research to support the development and delivery of its processes and claims. MycoTechnology tapped Brunswick Laboratories to help provide this foundation.

"Just about everything we do rests on the credibility of the science that underlies our offerings," said Alan Hahn, CEO and Founder of MycoTechnology. "Our investment partners know this and the strength of the science delivered by Brunswick Labs has continued to establish this to our scientists, our customers, and in this case our investors."

"More and more demands are being made by all constituents that the science be there," said Dr. Jin Ji, CTO and EVP of Brunswick Laboratories. "Our approach is especially rigorous in order to meet these increasing demands. We are very pleased to be a part of helping MycoTechnology continue its success."

MycoTech will use the proceeds of the Series A to expand the team and building a new facility with the aim of moving in early 2017. The business is expanding rapidly with plans to nearly double its head count over the next several months, according to Hahn.

Brunswick Labs, Inc., headquartered in Southborough, MA, is an independent bioanalytical and research laboratory providing preclinical and clinical testing and study of antioxidant and phytonutrient function in oxidative stress reduction, anti-inflammatory, and diabetes and weight management for the food and nutrition, pharmaceutical, and cosmetic industries. More information can be found at or call +1-508-281-6660.

MycoTechnology, Inc., headquartered in Aurora, CO, is a Food Technology Company using its proprietary gourmet mushrooms to transform agricultural products, proven successful on coffee, chocolate, tea, wheat and stevia. The goal is to improve the taste, value and nutritional characteristics of these foods through their natural technology. More information can be found at or call +1-303-578-9648.


Brunswick Laboratories, Inc., Steven Jackson, +1-508-281-6660

MycoTechnology, Josh Hahn, +1-303-578-9648

SOURCE Brunswick Laboratories, Inc.; MycoTechnology, Inc.

Organization Profile

Brunswick Laboratories, Inc.

More on this organization

MycoTechnology, Inc.

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890