Mycocycle
Converting Waste Streams into Value
Analytics
Raised to Date: $351,504
Aggregate Commitments $
StartEngine
12/01/2020
04/30/2021
$10,000
$945,455
$263
Equity - Common
RegCF
Seed
$7,000,000
Weekly Commitments $
Active
02/24/2021
64
3,515%
37%
$4,135
459
Bolingbrook, Illinois
Industrial Services
Cleantech
B2B
Medium
High
Mycocycle, with a pre-money valuation of $7 million, is raising funds on StartEngine. The company uses a patent-pending technology based on mycelium, the underground part of mushrooms, to digest petroleum-based toxic chemicals, and convert waste into reusable byproducts. Joanne Rodriguez founded Mycocycle in June 2020. The current crowdfunding campaign has a minimum raise of $9,999.50 and a maximum raise of $945,455, and the proceeds will be used to treat more waste and grow aggressively. Mycocycle develops sustainable value streams and impacts people, planet, and profit by removing carbon from the waste products. The process is efficient and follows a closed-loop supply chain.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-76,226 |
$-34,000 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$11,964 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Ratings
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For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.Other Deals
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