The leading alternative protein (mycelium) food tech company in Vietnam

$2 Mil

target amount






Minimum ticket


Offering type

Investment summary


Finance & Risks


$USD 23M

Company has previously raised over $1M in capital

$5M+ revenue

Company had over $5M in revenue in the past 12 months

  • The trend: Alternative protein especially alternative meat is inevitable. Key players in animal meat industries also made moves in the game.

  • Market size: Market size of alternative meat is huge (<2% of animal meat).

  • Team & insights: The team are top researchers & experts in the field. Emmay team is approaching cutting-edge knowledge of the mycelium technology.

  • Upside potential: Being early investor in a first big name in alternative meat startup.

  • Risk diversification: Innovative food tech and traditional processing products.

  • Impacts: Social impacts, values and community.



Our food system is in
the state of emergency

Azure helps solve the problem

What we eat today makes us sick, destroys the environment, and contributes to the climate crisis. The list of things wrong with the way we produce food is practically never-ending; in short, we eat highly processed food low in nutritional value that makes us sick and obese. Excessive use of fertilizers and pesticides, deforestation, and depleted soils are fueling global warming. As the global temperature rises, increasingly extreme weather is destroying our crops and making our farms infertile.

  • Archaic building methods

    The construction industry relies upon outdated methods and materials, delivered by a labor force in increasingly short supply. Traditional solutions have been unsustainable.


We create delicious food not only in your taste but also deep in your memories

Delicious, protein-packed, products made from the most sustainable source on Earth: mycelium. Emmay is a mission-driven food company using mycelium to create nutritious food. 


Azure printed homes

The Print Material

The primary component of our print material is recycled PETG, a polymer predominantly used for food and drink containers.

The print material produces several desirable properties such as insulation, printability, compressive & tensile strength, stiffness & impact resistance creating a durable and reliable structure.

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The Structure

The unique structural & print design creates a complete structure that is monolithically printed – further enhancing the ultimate strength of the composition. Additionally, the geometric designs of the floor, walls, and roof have been optimized & tailored to simplify all subsequent finishings.


Planning backyard studios for 2022

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Since 2019, we have invested over $1,000,000 into engineering and research to design a process for 3D printing homes using recycled materials. While designing the new method, we completed over 40 houses, ADUs, and backyard studios—increasing revenue by 195% from 2019 to 2020, and by 260% from 2020 to 2021. Since launching our website in early January 2022, we have received paid customer deposits for units valued at over $3,000,000.

We start with backyard studios, as their 120 sq ft size means that planning permission is generally not required. Avoiding potential bureaucratic red tape delays will allow us to produce & install at a fast pace.

As the first 3D printed structure printed from recycled materials, we’ve made (and continue to make) more than our fair share of headlines, appearing in over 100 publications in four languages. All publicity has been organic—no PR agency or paid placements.

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Homeowners and homebuilders

Azure is a B2C & B2B2C business. We are selling Backyard Studios and ADUs directly to homeowners and investors & through marketplaces; while we sell homes to home builders & developers.

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Business model

Strong unit economics

Our gross margins will be 30%. We will collect a small pre-order deposit, 50% of the purchase price upon receiving the order and the balance before the units are shipped.

Property owners will generally pay in cash or arrange their own funding; however, Azure also offers a finance program through a financial partner.

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Why now

  • With more homeowners working from home during and after COVID, there is a high demand for backyard studios and ADUs.

  • New materials and faster 3D printers are unlocking new construction methods that are fundamentally changing the industry.

  • New government regulations are helping to facilitate faster permit approvals.

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Market size & segments

  • Backyard Studios

    Sheds & Backyard Structures are a $6B industry. The ongoing pandemic and remote-work policies have accelerated the Working from Home (WFH) trend, increasing demand for backyard offices.

  • ADUs

    Low-cost, implementable approach to infill development. Suited to high-cost cities with little vacant land and abundance of low-density development. $1.8B business in California alone.

  • Housing

    Home builders in California alone needs to build 2.5M homes by 2030. There will be a substantial increase in demand for fast-to-build small homes.


How is Azure different from other 3D Printing companies?

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None of our competitors have capitalized on the true benefit of 3D Printing: its efficiency and mass production.

Competitors are:

  • 3D printing panels and assembling conventionally; or
  • Erecting a printer on-site and printing exterior concrete walls vertically over a traditional slab.

Our design & process prints the floor, walls & roof in one layer. This means that the complete self-supporting shell for a studio unit is ready for the next stage of assembly in 12hrs from start to finish.

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Vision and strategy

A better way to build

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Azure Printed Homes is disrupting the construction industry by changing the way homes are built. We have a vision where construction projects are built quickly and more affordably while also repurposing existing building materials and cutting emissions instead of having to utilize new resources.

We are ready to take on partners to bring this idea to the next level: a starter production facility that can generate over $7 million* in revenue for the company in 2022, and approximately $20 million* in the following year, when the plant is fully operational. In the future years, we will open similar factories in other states growing Azure to become one of the major prefab manufacturers.


Addressing the construction industry's sustainability problem

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The production of traditional construction materials such as concrete contributes to about 11% of the world’s carbon dioxide (CO2) emissions.

Our printed material takes an abundant universal waste product, in plastic, and transforms it into a structurally-responsible polymer that we can 3D print.

We see this as a stepping stone toward a more fundamental use of recycled plastic and 3D printing in the home building industry.



Risks may face by investing in Azure

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The Company is still in an early phase and we are just beginning to implement our business plan. There can be no assurance that we will ever operate profitably. The likelihood of our success should be considered in light of the problems, expenses, difficulties, complications and delays usually encountered by early stage companies. The Company may not be successful in attaining the objectives necessary for it to overcome these risks and uncertainties.

We have a limited operating history upon which you can evaluate our performance, and accordingly, our prospects must be considered in light of the risks that any new company encounters.