The UAMH Centre for Global Microfungal Biodiversity at the University of Toronto (home to nearly 12,000 living fungal specimens from over 3,200 species) was at risk of being shipped overseas due to lack of funding, until a $1-million donation from the Weston Family Foundation secured its future for at least five years.

Article in partnership with The Future is Fungi Award . The Future is Fungi Award is the world's only global award and a venture launchpad dedicated to breakthrough innovations using fungi to regenerate the planet. By connecting leading universities, corporates, investors, innovators and philanthropists, the initiative accelerates the most promising fungal science and startup innovators from lab to market for a sustainable fungal future. Lead the next wave of frontier fungal

French agritech company MYCOPHYTO secured €16 million in Series A funding to expand production of mycorrhizal fungi biostimulants that improve crop water retention and yields

Corteva Agriscience has formed a joint venture with pharmaceutical company Hexagon Bio to develop natural crop protection products using fungal compounds

As bans on synthetic dyes expand and major brands shift ingredient policies, Chromologics is emerging as a key contender in the growing natural colour market alongside other fermentation-driven competitors.