The 12 closest competitors and alternatives to M-Based among materials science companies — ranked by similarity to what M-Based actually does, not by market-cap band.
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M-Based is a biomaterials company headquartered in Ankara, Turkey, that develops next-generation sustainable materials using mushrooms.
M-Based is a materials science company headquartered in Turkey. Its most recent funding round, Seed, raised $700,000 in October 2026.
Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Seed | $700,000 | — |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Ranked by semantic similarity — how close each company is to M-Based by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Materials
NFW develops and manufactures sustainable, plastic-free performance materials, including plant-based alternatives to leather, textiles, foam, and footwear outsoles. The company serves brands in fashion, footwear, and consumer goods by providing bio-based material solutions designed to replace synthetics.
Raw Materials
Founded in 2022 and headquartered in Søborg, Denmark, Visibuilt develops sustainable, bio-based asphalt binders made from mycelium. Their product, visiBIT, is designed to replace fossil bitumen in road construction.
Materials
SMUSH Materials is an innovative startup that transforms agricultural by-products into high-performance, compostable, and circular packaging solutions.
Materials
Modern Synthesis is a textile manufacturing company incorporated in England and Wales with headquarters in London. The company crafts innovative, sustainable materials free from plastics and petrochemicals using biotechnology.
Basic Materials
OrganoClick develops and provides biobased, biodegradable green chemistry solutions to replace fossil-based plastics and harmful chemicals in materials such as paper, wood, textiles, and nonwovens. The company serves industrial manufacturers and consumers with products including biobased binders, barrier technologies, textile waterproofing, biocide-free wood protection, and eco-friendly cleaning agents.
Materials
Bcomp Ltd. is a Swiss cleantech company and a global leader in sustainable lightweighting solutions, providing bio-based materials to decarbonize various industries.
Advanced Materials
Aksa Carbon is an advanced carbon fiber manufacturer headquartered with its world-class plant in Yalova, Turkey. Evolving from decades of expertise in Aksa Akrilik, it delivers high-performance carbon fiber solutions for industrial, energy, defense, and infrastructure markets.
Basic Materials
Bioextrax develops patented biosolutions that utilize microorganisms and biobased technologies to create sustainable materials from waste. The company produces biodegradable Polyhydroxyalkanoates (PHA) bioplastics to address plastic pollution and uses controlled hydrolysis to convert poultry feather waste into high-value keratin microfibers and proteins.
Materials
bioMASON Inc. develops sustainable cement by utilizing microorganisms fed an aqueous solution that hardens to ASTM specifications in ambient temperatures. Founded in 2012, the company offers coral-inspired biocement tiles for architectural applications.
Materials
Alt.Leather is a textile manufacturing startup headquartered in Melbourne, Australia. The compact team designs scalable, high-performance, and low-impact alternative leather materials targeted at multiple product verticals. The company advances sustainable fashion and manufacturing through grants and alternative material innovation.
Advanced Materials
Aksa Composites (Aksa İleri Kompozit Teknolojileri ve Havacılık Sanayi A.Ş.) is an aerospace manufacturer headquartered in Ankara, Turkey. The company specializes in the industrial production of high-quality composite and metallic aero-structures.
Advanced materials
Mothership Materials is a privately held sustainability company headquartered in New York, NY, that transforms agricultural waste into valuable power and material alternatives.
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