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Fortune
Fortune
Ian Mount

A startup's mushroom 'leather' is so realistic that Hermès used it in $4,200 handbags

(Credit: Courtesy of MycoWorks)

Phil Ross had no plans to create a new clothing material when he dove deep into the world of mushrooms, but now the fungi-based 'leather' he helped pioneer can be found in Hermès's luxury handbags and could soon coat the interior of GM's electric cars.

"Growing the future has only just started. This industry will continue to surprise people,” says Ross.

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