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A Mycelium Biomaterials Company:
From Mushroom Farm to Material

A new class of materials—grown from mycelium, designed for real-world use.

A red maple leaf surrounded by "Made in Canada" and "Fait au Canada"

It started on a mushroom farm in Newfoundland

MycoFutures didn’t begin in a lab—it began on a small mushroom farm in Bonavista, Newfoundland.

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We had moved there to build a business around gourmet mushroom cultivation, driven by a desire to create something tangible, local, and resilient.

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As we grew, we became deeply familiar with mycelium, the root structure of fungi, and the dense, fibrous networks it forms during cultivation.

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Then one moment changed everything.

While processing spent grow blocks, we attempted to break them down using a lawn mower. Instead, the material broke the machine.

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What we had treated as a byproduct revealed itself as something else entirely: a natural material with strength, structure, and potential.

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That shift—from growing food to growing material—became the foundation of MycoFutures.

MycoFutures co-founder Leo Gillis holding a bunch of oyster mushrooms
MycoFutures CEO Stephanie Lipp holding a small piece of mycelium material with the ocean out of focus in the background

From discovery to development

We began experimenting with mycelium not as waste, but as a material in its own right—learning how to grow, shape, and stabilize it through hands-on iteration.

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Early prototypes were built through iteration, failure, and persistence, refining processes that could translate biological growth into functional form.

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What emerged was Myco™: a mycelium-based material designed to perform in real-world environments—combining durability, tactility, and a natural, leather-like aesthetic.

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Today, our focus is on moving beyond experimentation, bringing this material into practical, scalable use.

Rethinking materials from the ground up

Most materials today are extracted, processed, and discarded at significant environmental cost. There is a better way.

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We create materials that are:

  • Grown, not manufactured

  • Plastic-free and circular by design

  • Designed for performance, not just concept

 

Our goal is not just innovation—it’s adoption.

To create materials that people choose because they are better—in function, in feel, and in impact.

Black line illustration of mycelium

Momentum

We're moving from development into real-world deployment.

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  • Pilot production established in Montréal

  • Hospitality prototypes developed and refined

  • Testing with partners underway

  • Initial pilot revenue generated

To make next-generation materials deployable at scale—without compromising design, performance, or sustainability.

MycoFutures develops and commercializes mycelium-based materials through productized applications in hospitality.

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We enable customers to adopt sustainable materials without changing how they design, procure, or operate.

Impact That Holds Up
We prioritize measurable, defensible impact over marketing claims.

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Design Drives Adoption
If it doesn’t get used, it doesn’t matter.

 

Build What Scales
We design for deployment, not just innovation.

 

Systems Over Silos
We operate across biology, design, and supply chains.

 

People, Planet, and Profit Are Interdependent
We build for long-term, balanced outcomes.

 

Diversity Builds Better Systems
Better perspectives create better solutions.

United Nations Sustainable Development Goals logo
United Nations Sustainable Development Goal 12 Responsible Consumption and Production icon

UN SDG 12

Responsible Consumption and Production


MycoFutures enables more sustainable material choices through practical, scalable alternatives.

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Our planet is running out of resources, but populations are continuing to grow. If the global population reaches 9.8 billion by 2050, the equivalent of almost three planets will be required to provide the natural resources needed to sustain current lifestyles.

Sustainability must be:

  • measurable (LCA, carbon impact, ESG KPIs)

  • desirable (design, quality, experience)

  • deployable (integrated into real supply chains)

 

If a material cannot be: produced, purchased, and used, it does not create impact.

Company DNA

Small zip pouch made from mycelium-based leather alternative material

Stephanie Lipp

Stephanie Lipp, co-founder of MycoFutures, with next-generation mycelium biomaterials

CEO & Co-founder

Stephanie is Co-founder and CEO of MycoFutures, leading strategy, partnerships, and commercialization.

 

With a background in visual storytelling, design, and entrepreneurship, she brings a strong focus on product, brand, and market positioning.

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She has led MycoFutures from early experimentation to commercialization—building partnerships across hospitality, materials, and sustainability sectors.

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Stephanie is driven by the belief that better materials can reshape industries—and that design plays a critical role in adoption.

Leo is co-founder of MycoFutures, leading material development and technical innovation.

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He has spent years working hands-on with fungi, developing proprietary processes to transform mycelium into high-performance materials.

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His work bridges biology and application—turning natural systems into functional, scalable solutions for real-world use.

Leo, co-founder of MycoFutures, with sustainable mushroom-based material prototypes

CTO & Co-founder

Leo Gillis

Meet the founders

University of Toronto SpinUp Lab logo
SheBoot logo
Mmode logo
MaRS Discovery District logo

Our Ecosystem

The Odlum Brown Forum Pitch Competition logo
MassChallenge Switzerland logo
Creative Destruction Lab Montreal logo
Communitech logo
Cycle Momentum logo
Altitude Accelerator logo
La Centrale Agricole logo
District 3 logo

Media & Speaking

Selected media, speaking, and recognition.

Stephanie Lipp speaking at The51 Road to the Summit Montreal event
Glory Media Women of the Year feature on Stephanie Lipp
Vainqueur Magazine article featuring MycoFutures
Promotional graphic for Stephanie Lipp speaking at Pilzfestspiele fungi economy event
National Observer article about sustainable fashion startups in Canada including MycoFutures
Stephanie Lipp speaking on a biomaterials and sustainable manufacturing panel at Lab2Market Summit Montreal
Stephanie Lipp speaking on the BetaKit Most Ambitious World Savers panel at the Betakit Town Hall
BetaKit Most Ambitious World Savers feature for MycoFutures
Stephanie Lipp speaking on sustainable biomaterials and entrepreneurship panel at the Canadian Circular Economy Summit
Toronto Star article featuring MycoFutures and Stephanie Lipp
Stephanie Lipp presenting MycoFutures at the Future Fabric Expo Next-gen Materials Bootcamp
Invest Ottawa International Women’s Month fireside chat featuring Stephanie Lipp interviewing Katherine Homuth
RetailStyle magazine cover feature on MycoFutures, mushroom leather and sustainable fashion
Stephanie Lipp pitching MycoFutures at the Odlum Brown Forum Pitch Competition
Corporate Knights article about startups shaping the mushroom materials economy including MycoFutures
Stephanie Lipp speaking on a circular design and circular economy innovation panel at the Azure Human/Nature Conference
YSpace Ella fireside chat featuring Stephanie Lipp and women founders promotional graphic
Montecristo Magazine article about plant-based leather alternatives including MycoFutures
Stephanie Lipp speaking on a panel at the Holt Renfrew H Project 10th Anniversary celebration event
Stephanie Lipp at Startup Canada pitch competition with mushroom leather prototype
Climate Tech Canada Climate Cycle MycoFutures episode graphic
Stephanie Lipp presenting MycoFutures biomaterials at MaRS Climate Impact conference
Stephanie Lipp speaking on a sustainable fashion panel at the Elevate Festival tech conference
Forbes article about women in AI and tech startups including Stephanie Lipp
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