Organization · Grant Maker

The Future is Fungi Award

The Future is Fungi Award is a global competition based in Stockholm that promotes innovative uses of fungi to address environmental challenges. It focuses on accelerating the commercialization of fungal biotechnology through funding and mentorship.

Grant MakerGrantor

Overview

What The Future is Fungi Award does

What The Future is Fungi Award is

The Future is Fungi Award is a global competition based in Stockholm that promotes innovative uses of fungi to address environmental challenges. It focuses on accelerating the commercialization of fungal biotechnology through funding and mentorship.

How it participates in the startup ecosystem

The current public profile supports grantor capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Grant Maker
Founded
Founded in 2023
Approximate age
About 3 years
Structured capabilities
Grantor
Last reviewed
March 27, 2026

Official channels

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Capability profile

The Future is Fungi Award as a grantor

Grant thesis

The Future is Fungi Award supports innovations in fungal research and applications to address environmental challenges. It aims to commercialize fungal innovations and foster collaborations among scientists, corporations, and investors.

Focus narrative

The Future is Fungi Award invests in startups and science entrepreneurs focused on fungal innovations that tackle environmental issues such as climate change and biodiversity loss. The organization emphasizes the commercialization of research and collaboration to drive growth in the fungal innovation sector.

Value and support

Beyond funding, The Future is Fungi Award provides access to a network of experts and a venture program to support the commercialization of fungal innovations.

Grant economics

Dilutive
Yes
Nonprofit only
No

Availability

Application state
Accepting
Application cycle
annual
Next deadline
October 1, 2023

Eligibility and fit

Stages
Pre-seed · Seed
Audience
Founders
Regions
Global

Process and recipient context

Application process

The application process for the Science Entrepreneur Award opens annually from September 10 to October 1. Applicants submit their proposals, and the top five candidates receive financial backing structured as a SAFE investment, along with access to an expert network and a venture program.

Recipient context

Notable winners include Michroma, which produces natural food colors from fungi; Mycolever, developing fungi-based bioingredients for cosmetics; and HIRO Technologies, creating biodegradable diapers using fungi.

Connected ecosystem

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Common questions

What to know about The Future is Fungi Award

Upseed classifies The Future is Fungi Award under the Grant Maker organization type. Its current public profile includes grantor capabilities.

Next step

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

March 27, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.