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The term mold also gets applied to some non-fungal species, particularly slime molds such as Lycogala epidendrum or Fuligo septica. Most slime molds are more closely related to the well-known, single-celled Amoeba than to the various fungal molds.
Diffen âº Food âº Cooking. Mold is a type of fungus that grows in multicellular filaments called hyphae. These tubular branches have multiple, genetically identical nuclei, yet form a single organism, known as a colony. In contrast, yeast is a type of fungus that grows as a single cell.