MyForest Foods Raises $15M in Series A-2 to Scale MyBacon, Appoints Greg Shewchuk as New CEO
US mycelium startup MyForest Foods announces it has secured $15M in Series A-2 funding to support scaling and expansion of its popular flagship product, MyBacon. The company has also appointed food industry veteran Greg Shewchuk as CEO, replacing co-founder and former CEO Eben Bayer, who remain on as Chairman of the Board. The round was led by MyForest Foods’ parent company, Ecovative Design. MyForest Foods states the new funding will primarily be used to accelerate its retail and food service growth across the Eastern US, including New York City, where its best-selling meatless bacon product – MyBacon – is now available at multiple markets, including Fairway Market and Gourmet Garage. Since its highly successful launch in 2020, MyBacon has expanded to over 100 retailers across …