Clean Growth Fund has backed Bristol-based, Mykor, a biotechnology company transforming industrial and agricultural waste into scalable low-carbon construction products.
Mykor has secured £4 million in funding, led by Clean Growth Fund, with participation from the British Business Bank’s South West Investment Fund via The FSE Group, Green Angel Ventures, and support from Innovate UK’s investor partnership programme.
The built environment accounts for approximately 39% of global emissions and insulation plays a critical role in reducing operational carbon, yet conventional insulation materials are non-renewable, high-carbon and often combustible. Rather than extracting finite raw materials that can take centuries or millennia to form, Mykor’s biofabrication process grows construction products from agricultural and industrial waste streams, within days.
Mykor’s first product to market, MykoSIP, a preassembled partition wall, achieves an estimated carbon saving of ~23kgCO₂e per m² compared to incumbent systems, equating to at least 50% carbon savings – using 90% less water and 40% less electricity than their conventional counterparts.
Olivia Page, CEO and Co-founder of Mykor, said:
“We’ve built Mykor around the idea that decarbonising construction cannot come at the expense of cost, performance or practicality. The challenge has never just been inventing a biomaterial — it’s been manufacturing these systems at industrial scale and integrating them into real construction supply chains. This funding allows us to scale that model further alongside major contractors and manufacturing partners globally. We’re very pleased to be working with investors who understand both the urgency of the problem and the scale of the opportunity ahead”
Susannah McClintock, Investment Partner at Clean Growth Fund, said:
“Mykor addresses one of construction’s most pressing challenges: reducing embodied carbon without adding cost or complexity. Their solution integrates seamlessly into existing building practices and is cost-competitive with conventional materials — delivering meaningful carbon savings without adding cost. We ‘re delighted to support this exceptional team as they scale commercially”
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