The VegNews Magazine article “Why South Carolina is the new hub of sustainable vegan mushroom leather” reports MycoWorks (SOSV IBSF03 2016) is “investing $107 million to build its first full-scale mushroom leather production plant in South Carolina, where it will create 400 new jobs.” The move, the expansion of the startup’s team, and the creation of its new facility follows “a successful $125 million Series C funding round led by Prime Movers Lab,” the article says.
In December 2021 Vegconomist reported similar news about AlgiKnit (SOSV RebelBio 05) in “Kelp yarn to be produced at scale as AlgiKnit opens North Carolina hub.” Both articles indicate these startups’ proprietary, scalable, and sustainable manufacturing processes are capturing the attention of major fashion brands.