Funding Mushrooms For Ecovative Design | Chemical & Engineering News
Volume 91 Issue 42 | p. 17 | Concentrates
Issue Date: October 21, 2013

Funding Mushrooms For Ecovative Design

Department: Business
Keywords: plastics, packaging, biobased packaging
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Ecovative’s mushroom packaging can protect delicate items.
Credit: Ecovative Design
Sustainable materials start-up Ecovative Design has raised $2.6 million in investments from undisclosed investors. Previous investors include 3M New Ventures. Ecovative, based in Green Island, N.Y., makes biodegradable packaging material (shown)– designed to replace expanded polystyrene –from fungal mycelium and agricultural wastes including stalks and seed husks.
 
Ecovative’s mushroom packaging can protect delicate items.
Credit: Ecovative Design

Sustainable materials start-up Ecovative Design has raised $2.6 million from undisclosed investors. Previous investors include 3M New Ventures. Ecovative, based in Green Island, N.Y., makes biodegradable packaging material, designed to replace expanded polystyrene, from fungal mycelium and agricultural waste including stalks and seed husks. Last year, packaging giant Sealed Air licensed the firm’s technology for use in North America and Europe.

 
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