Joanne Rodriguez is pioneering a unique approach to waste management by harnessing the power of fungi to transform trash into valuable resources. As the founder and CEO of Mycocycle, she aims to revolutionize the plastics industry by utilizing white-rot mushrooms to break down petroleum-based materials commonly used in plastic production.
The concept behind Mycocycle is to train mushrooms to consume various forms of waste, including paper, rubber, and nylon, and convert them into biodegradable polymers. Unlike traditional plastics derived from oil and gas, these bio-based materials offer a sustainable alternative while reducing greenhouse gas emissions associated with conventional plastic manufacturing.
Through natural selection, Mycocycle identifies fungi strains with the ability to decompose specific waste materials without genetic modification. Once deployed, the fungi infuse the organic matter with their hyphae, breaking down carbon-based molecules and utilizing them as a food source for growth.
In a recent commercial demonstration, Mycocycle successfully processed scrap drywall using its bio-processor, resulting in a reusable product suitable for applications like insulation and acoustic panels. Additionally, the startup is exploring the recycling of crumb rubber from old tires, targeting a significant market opportunity in the United States.
To support its research and commercialization efforts, Mycocycle secured a $3.6 million seed extension led by Closed Loop Partners. With plans to generate over $1 million in revenue this year, Mycocycle is poised to make a meaningful impact on waste management practices and contribute to a more sustainable future.
