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The potential applications of MycoWorks' fungal leather replacement are vast. It can be used in any industry that currently uses traditional leather, such as fashion, automotive, and furniture. It offers a sustainable and cruelty-free alternative to traditional leather, which can appeal to environmentally conscious consumers and companies. Additionally, it can be used in innovative ways due to its unique properties, such as being customizable in terms of texture and flexibility.
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So far, MycoWorks has raised $62 million in total. The company's most current funding announcement aligned with the opening of a new production plant in Emeryville, California. The plant will take MycoWorks' capacity up to its current tens-of-thousands of feet of fungal leather replacement capacity.
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