Standard Bank Group has patented a method for creating food sources, medicinal compositions, and mycotecture construction units. The process involves cultivating mycelium/substrate composites and edible mushrooms, then manufacturing construction units with excellent properties like compression strength and fire retardance. GlobalData’s report on Standard Bank Group gives a 360-degree view of the company including its patenting strategy. Buy the report here.

According to GlobalData’s company profile on Standard Bank Group, was a key innovation area identified from patents. Standard Bank Group's grant share as of May 2024 was 60%. Grant share is based on the ratio of number of grants to total number of patents.

Method of making mycotecture construction unit using mycelium and mushrooms

Source: United States Patent and Trademark Office (USPTO). Credit: Standard Bank Group Ltd

The granted patent (Publication Number: US11997956B2) discloses a method for producing a food source or medicinal composition and constructing mycotecture units using mycelium/substrate composites and edible mushrooms. The process involves steps such as forming a mycelium inoculum, preparing the substrate, inoculating the substrate with mycelium, growing edible mushrooms, and harvesting them to create a mycelium-substrate composite. The method also includes manufacturing mycotecture construction units by pressing the composite into predetermined shapes and heating them to form durable structures.

Furthermore, the patent details additional steps such as storing the inoculated substrate in controlled environments, monitoring for contamination, collecting and sealing the composite, weighing predetermined amounts, and inserting them into molds. The method also specifies processes for pressing the composite using a tamper and conveyor, applying a predetermined pressure of about 150 tons, and heating the composite in a chamber for a specified duration. Additionally, the patent describes the formation of mycelium inoculum by culturing mycelium on agar, inoculating grain with mycelium, and adding wheat bran to enhance growth. Other steps include adding lime and wheat bran to the substrate, pasteurizing the substrate in plastic bags or a ribbon blender, and inoculating the substrate with mycelium in the blender.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.