Mykor, a UK biotechnology company developing low-carbon construction materials from industrial and agricultural waste, has raised £4 million in funding led by Clean Growth Fund. Additional backing came from the British Business Bank’s South West Investment Fund via The FSE Group, Green Angel Ventures, and Innovate UK’s investor partnership programme. Total funding secured by the company now stands at £7.5 million.
Scaling Biofabrication for Construction
Mykor develops biofabrication technologies that transform waste streams into sustainable construction materials designed to reduce embodied and operational carbon emissions. The company focuses on scalable manufacturing processes that meet mainstream construction requirements for fire safety, thermal performance, acoustics, and cost efficiency.
The platform combines engineered mycelium strains, green chemistry additives, and automated manufacturing systems to produce products including prefabricated walls and cavity wall insulation. Rather than relying on centralized production, Mykor integrates its technologies into existing industrial infrastructure and contractor supply chains.
Commercial Expansion and Industry Demand
The company’s flagship product, MykoSIP, is a low-carbon partition wall system designed to reduce emissions while maintaining comparable performance to conventional insulation products. According to the company, the panels also require significantly less water and electricity during production.
Mykor has already secured two large commercial offtake agreements worth £338 million with UK and European contractors. The latest funding will support production scale-up and expansion into additional construction markets.
“We’ve built Mykor around the idea that decarbonising construction cannot come at the expense of cost, performance or practicality. The challenge has never just been inventing a biomaterial — it’s been manufacturing these systems at industrial scale and integrating them into real construction supply chains. This funding allows us to scale that model further alongside major contractors and manufacturing partners globally. We’re very pleased to be working with investors who understand both the urgency of the problem and the scale of the opportunity ahead” – Olivia Page, CEO and Co-founder of Mykor