As part of REMADE Institute, a public-private partnership established by the U.S. Department of Energy, Mycocycle aims to develop new uses for waste streams at an accelerated rate.

The 5th annual awards honor the products, concepts, companies, policies and designs that are pursuing innovation for the good of society and the planet.

Mycocycle joins Startup Chicago, a new startup growth program recently announced by Mayor Lori E. Lightfoot, and developed by ChicagoNEXT and World Business Chicago.

Mycocycle is proposing a unique solution that uses mushrooms to break down toxic chemicals in roofing materials and potentially create low-emission byproducts.

Mycocycle is seeking funding for its technology that uses fungi to recycle asphalt roofing materials into reusable resources.