Mycelium Protein
Clean, Nutritious, Scalable
Justin Souter — Founder
Problem
- Increasing demand for clean, natural, sustainable protein
- Plant proteins: allergens, taste, texture issues
- Animal proteins: environmental and ethical concerns
- Gap: appealing protein that’s better for body & planet
Solution
- Mycelium protein products (bars, shakes, powders, meal replacers)
- Proven, tested base protein technology
- Clean, minimal ingredients
- Scalable with existing manufacturing partners
- Not yet "discovered" by market
Business Model
- CPG products: powders, bars, drinks, meal replacers
- DTC e-commerce: subscriptions & bundles
- Retail partnerships: health stores, fitness studios, groceries
Underlying Magic
- Complete protein, highly digestible
- High fiber for gut health
- Sustainable - lower land, water, CO₂ footprint
- Better taste & texture vs. plant proteins
- NOT sourced from China
Go-To-Market Plan
- Hero product: powders
- DTC + influencer-driven launch
- Storytelling: health + clean
- Retail & partnerships after traction
Competitive Landscape
Positioning
Clean, Complete Aminos,
Neutral Taste, High-Fiber, Vegan
- Plant proteins: soy, pea, rice, pumpkin
- Alt proteins: insect, lab-grown
- Our edge: cleaner, better nutrition, vegan
Financials & Growth Levers
- Strong Unit Economics: Research shows 60%+ gross margins at launch
- Margin Expansion: Improved COGS through volume pricing and manufacturing efficiencies
- Scalable Channels: DTC subscription model as initial growth engine
- Customer Lifetime Value: Upsell and cross-sell strategies layered into core offering
- Brand Equity: Building awareness and trust to unlock mainstream adoption
Team
- Justin Souter — Founder
- Advisors: nutrition, food manufacturing, branding
- Planned hires: COO/CPG veteran
Ask
- Seed round: $500K for 20% equity
- Funds use: product dev, manufacturing, marketing, key hires
- Vision: build the leading clean mycelium protein brand