Ecovative Design LLC

About Ecovative Design LLC

Ecovative is a company focused on growing better materials using mycelium technology. Their mission is to create material abundance through universal molecular manufacturing, addressing environmental sustainability, scalability, and market demands in various industries. They aim to transform industries by harnessing biology to produce high-performance, sustainable materials.

Products & Services

MyBacon™ (Food):A meat alternative made from mycelium, offering whole, sliceable cuts with natural texture, sustainability, and high nutritional value. Distributed in over 1400 stores with strong market performance.

Forager™ (Fashion & Textiles):Mycelium-based materials with leather-like performance for premium handbags, footwear, and apparel. Offers scalability, stable supply, and significant climate impact reduction, with brand launches planned for 2025.

Mushroom® Packaging:Sustainable packaging grown in 7 days using mycelium, compostable at home in 45 days. Used by major brands like Dell and Steelcase, with global production and open-sourced innovation in Europe.

Construction Materials:Mycelium-based materials for low-carbon construction, including advanced composites and insulating boards. Benefits include carbon sequestration, thermal insulation, and fire resistance, with ongoing pilot projects.

Spawn & Substrate:Biological technology division offering mushroom spawn, exotic substrates, and eco-friendly material blends. Supports global mycelium producers and drives innovation in strain development.

Grow.bio:An initiative to democratize mycelium technology with kits, bulk materials, and educational resources for creators. Supports sustainable, versatile projects from DIY to industrial scale.

Medicine & Biotechnology (Future):Explorations in functional molecules, cellular scaffolding, and regenerative medicine using mycelium for health advancements.

Information Processing (Future):Development of neuromorphic computation with mycelium cyborgs for energy-efficient, high-density computing systems.

Specialties

Mycelium Technology Sustainable Materials Molecular Manufacturing Food Alternatives Fashion and Textiles Packaging Solutions Construction Materials Biotechnology Research

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Series E T: - FT: Series E	A: 30000000 MR: - FA: over $30 million FAN: 30000000	D: 2023-06-06 FD: 2023-06-06	4 investors

Series E Latest

2023-06-06

$30.0M

4 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

E

Eben Bayer

Co-Founder

G

Gavin McIntyre

B

Burt Swersey

Mentor

B

Buckminster Fuller

S

Steve Jobs

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