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Materials

Funding Mushrooms For Ecovative Design

by Melody M. Bomgardner
October 21, 2013 | APPEARED IN VOLUME 91, ISSUE 42

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Credit: Ecovative Design
Ecovative’s mushroom packaging can protect delicate items.
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Credit: Ecovative Design
Ecovative’s mushroom packaging can protect delicate items.

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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