Ecovative Design (Series A)
Funding Details
Awarder
Inbox
Date Award
March 30, 2021
Vertical
Materials Science
Funding URL
View Funding Page
Funding Amount
$60,000,000
Company Info
Founding Year
2007
Traction
Recognized with numerous international awards for sustainability and 'green' technologies.
Organizations Involved
New York State Energy Research and Development Authority, National Science Foundation, U.S. Department of Agriculture, Environmental Protection Agency, National Collegiate Inventors and Innovators Alliance
Founders
Eben Bayer
Market
Sustainable Packaging and Insulation
Location
Green Island, New York, USA
Coinvestors
DiiM Partners, Senator Investment Group, Trousdale Ventures, Viking Global Investors
Company Description

Ecovative is a materials science company developing a new class of home-compostable biomaterials based on mycelium, an organism akin to a living polymer. Ecovative's high-performance products serve as environmentally responsible alternatives to traditional foam packaging, insulation, and other plastic-based materials.

Links
Website
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