Magical Mushroom - About the company
Magical Mushroom is a seed company based in Esher (United Kingdom), founded in 2004 by Paul Gilligan. It operates as a Producer of mushroom based sustainable packaging products. Magical Mushroom has raised $9.81M in funding from Ecovative, with a current valuation of $*****. The company has 16 active competitors, including 7 funded and 1 that has exited. Its top competitors include companies like Ecovative, Maderight and MYCO.
Company Details
Producer of mushroom based sustainable packaging products. The packaging material is made of agricultural waste such as hemp, cork, and sawdust and is flame resistant and hydrophobic. It develops a mycelium based packaging material combined with feedstock, and chitin for multiple industries.
- Website
- magicalmushroom.com
- Social
- Email ID
- *****@magicalmushroom.com
- Phone Number
- +44 **********
Key Metrics
Founded Year
2004
Location
Esher, United Kingdom
Stage
Seed
Total Funding
$9.81M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 09, 2023
Ranked
2nd among 16 active competitors
Employee Count
33 as on Aug 31, 2026
Legal entities associated with Magical Mushroom
Magical Mushroom is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MMC HOLDING INTERNATIONAL LTD CIN: 12977802 , United Kingdom, Active | Oct 26, 2020 | - | 3 (As on Dec 31, 2024) |
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Magical Mushroom's funding and investors
Magical Mushroom has raised a total funding of $9.81M over 5 rounds. Its first funding round was on Dec 22, 2020. Magical Mushroom has 5 institutional investors and 24 angel investors.
Here is the list of recent funding rounds of Magical Mushroom:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 09, 2023 | 2420770 | Seed | 9778442 | 9797820 | 6210945 | 6090499 |
Jun 27, 2022 | 3384198 | Seed | 9553942 | 7259411 | 2450795 | |
Mar 28, 2022 | 6049136 | Seed | 1899497 | 9875739 | 4220981 | 1761309 |
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Magical Mushroom's founders and board of directors
Founder? Claim ProfileThe founders of Magical Mushroom is Paul Gilligan. Paul Gilligan is the CEO of Magical Mushroom.
Here are the details of Magical Mushroom's key team members:
- Paul Gilligan: Co-Founder & CEO of Magical Mushroom. They serve on the board of 1 company.Contact Info: 1 email address
Magical Mushroom's Board of Directors
Magical Mushroom's board has 1 active member. Paul Gilligan is part of team.Here is the list of Magical Mushroom's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 10m | |
qoo{vkd | Independent board member | - | Past | 5y 6m |
View details of Magical Mushroom's Founder profiles and Board Members
Magical Mushroom's employee count trend
Magical Mushroom has 33 employees as of Aug 26. Here is Magical Mushroom's employee count trend over the years:
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Magical Mushroom's Competitors and alternates
Top competitors of Magical Mushroom include Ecovative, Maderight and MYCO. Here is the list of Top 10 competitors of Magical Mushroom, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Ecovative 2007, Albany (United States), Series E | Mycelium technology to develop sustainable and biodegradable materials | $184M | 50/100 | |
2nd |  Magical Mushroom 2004, Esher (United Kingdom), Seed | Producer of mushroom based sustainable packaging products | $9.81M | 41/100 | |
3rd | Maderight 2015, San Francisco (United States), Deadpooled | Fashion apparel manufacturer | $120K | 31/100 | |
4th | MYCO 2021, Brno (Czech Republic), Seed | Mycelium based packaging solution provider | $591K | 31/100 | |
5th | Online fungi based sustainable material developer for packaging | $2M | 30/100 | ||
6th |  Mushroom Material 2020, Auckland (New Zealand), Seed | Manufacturer of sustainable packaging products | $5M | 30/100 | |
7th | Manufacturer of plant-based packaging using agricultural waste and mycelium | $20K | 30/100 | ||
8th | Developer of mycelium-based biodegradable packaging from agricultural residues | - | 30/100 | ||
9th |  Ecoroots 2022, London (United Kingdom), Seed | Mycelium-based company providing sustainable solutions | $211K | 25/100 | |
10th |  Grown 2016, Hilversum (Netherlands), Funding Raised | Provider of mycelium packaging products | - | 24/100 |
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Magical Mushroom's Investments and acquisitions
Magical Mushroom has made no investments or acquisitions yet.
Reports related to Magical Mushroom
Here is the latest report on Magical Mushroom's sector:
News related to Magical Mushroom
•
Sustainable packaging firm raises £3mInsider Media•Jun 28, 2022•Ecovative, Ecotricity, Adoreum, Magical Mushroom
•
Magical Mushroom Company appoints new chief operations officerPackaging News•Sep 27, 2021•Magical Mushroom
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