MycoWorks Acquired by DFX Corp, Begins New Chapter

Veteran buyout expert Daniel Frydenlund to guide strategic restructuring and growth of sustainable materials company.

Jan. 30, 2026 at 1:55pm

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MycoWorks, a $300 million global brand built on innovative, sustainable materials technology, has been acquired by DFX Corp. Led by Daniel Frydenlund, the acquisition marks the start of an exciting new era for MycoWorks and its Fine Mycelium™ products. The restructured organization will accelerate the mission to deliver high-quality mycelium-based materials to visionary brands worldwide.

Why it matters

This acquisition represents a major vote of confidence in MycoWorks' pioneering Fine Mycelium™ technology and its potential to transform the global materials industry with sustainable, high-performance alternatives to traditional materials. The restructuring under DFX Corp's leadership aims to scale the impact of MycoWorks' innovative approach to materials science.

The details

Under the new ownership, MycoWorks will focus on strategic restructuring, accelerated growth, and scaling Fine Mycelium™ as a leading sustainable materials technology. Maud Ohler will steward the Fine Mycelium™ technology, working with co-founders Philip Ross and Sophia Wang to enhance its performance, versatility, and creative possibilities. The company is committed to creating long-term value, building operational stability, deepening partnerships, and honoring its respect for mycelium and the natural world.

  • MycoWorks was acquired by DFX Corp on January 30, 2026.

The players

DFX Corp

A company led by veteran buyout expert Daniel Frydenlund, who will guide the strategic restructuring and growth of MycoWorks.

Maud Ohler

The Senior Vice President of Technology at MycoWorks, who will steward the Fine Mycelium™ technology in this next phase of development and commercialization.

Philip Ross

The co-founder of MycoWorks, who will continue to provide guidance in the company's next chapter.

Sophia Wang

The co-founder of MycoWorks, who will continue to provide guidance in the company's next chapter.

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What’s next

With the restructured organization under DFX Corp's leadership, MycoWorks is accelerating forward in its mission to deliver the highest-quality Fine Mycelium™ materials to visionary brands and innovators.

The takeaway

This acquisition marks a transformative new chapter for MycoWorks, as the company leverages the expertise and resources of DFX Corp to scale its innovative mycelium-based materials technology and solidify its position as a leader in sustainable materials innovation.