M
M-Based
Türkiye · Biotech · Industrial tech
Ankara biomaterials company developing mushroom-based alternatives for industrial products.
Product
M-Based develops material technologies from mushrooms, beginning with FOMES, a vegan leather alternative for fashion and textiles. The Ankara company aims to turn its biomaterials research into components manufacturers can use at industrial scale.
Its development work also targets potential uses in furniture and automotive products. Following earlier product research, the company is preparing larger-scale production and commercialisation of FOMES.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Seed | ~$700K | METU70 Ventures — LeadElemental Ventures — ParticipantHatcher+ — Participant |