ECOVATIVE DESIGN
Eben Bayer and Gavin McIntyre were fascinated by mushrooms growing on wood chips, and observing how the fungal mycelium strongly bonded the wood chips together. This inspired them to think of new ways of using mycelium as a resin. In a class at Rensselaer, called Inventor's Studio, they applied this new process for binding together insulating particles, creating Greensulate™. Rather than just decreasing the environmental impact of conventional polystyrene foams, this invention creates a wh... ole new paradigm where composite materials are literally grown, harnessing the incredible efficiency of nature. Shortly after founding the company, they won small grants from the American Society of Mechanical Engineers (ASME) and the National Collegiate Inventors and Innovators Alliance (NCIIA). This funding was used to create initial samples of the material. This proof of concept enabled the company to win bigger grants from the New York State Energy Research and Development Authority (NYSERDA) and the Environmental Protection Agency (EPA) to further develop the products. Since then, Ecovative has won many more awards and grants that have enabled the company to continue to grow and accelerate toward the production of these revolutionary eco-friendly materials. At Ecovative, we are passionate about sustainability. That’s why we’re working with nature to replace unsustainable plastics and foams with natural composites. Using innovative new materials and radical new technologies, our products perform at least as well as current state-of-the-art synthetics, but at a lower cost to both you and the environment.
ECOVATIVE DESIGN
Industry:
Advanced Materials Biotechnology Innovation Management Sustainability
Founded:
2007-01-01
Address:
Troy, New York, United States
Country:
United States
Website Url:
http://www.ecovativedesign.com
Total Employee:
101+
Status:
Active
Contact:
5182733793
Email Addresses:
[email protected]
Total Funding:
91.1 M USD
Technology used in webpage:
Apple Mobile Web Clips Icon Domain Not Resolving Euro Google Apps For Business Google Maps Cloudflare JS GoDaddy DNS Google Maps API Amazon S3 CDN Java EE
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Current Advisors List
Current Employees Featured
Founder
Investors List
Viking Global Investors
Viking Global Investors investment in Series D - Ecovative Design
Alpha Impact Investment Management Partners
Alpha Impact Investment Management Partners investment in Series D - Ecovative Design
Senator Investment Group
Senator Investment Group investment in Series D - Ecovative Design
Siam Capital
Siam Capital investment in Series D - Ecovative Design
Trousdale Ventures
Trousdale Ventures investment in Series D - Ecovative Design
NYSERDA
NYSERDA investment in Grant - Ecovative Design
NYSERDA
NYSERDA investment in Grant - Ecovative Design
NYSERDA
NYSERDA investment in Grant - Ecovative Design
3M
3M investment in Venture Round - Ecovative Design
DOEN Participaties
DOEN Participaties investment in Venture Round - Ecovative Design
Investments List
| Date | Company | Article | Money raised |
|---|---|---|---|
| 2022-06-27 | Magical Mushroom Company | Ecovative Design investment in Seed Round - Magical Mushroom Company | 3 M GBP |
Official Site Inspections
http://www.ecovativedesign.com
- Host name: 198.185.159.145
- IP address: 198.185.159.145
- Location: New York United States
- Latitude: 40.7157
- Longitude: -74
- Metro Code: 501
- Timezone: America/New_York
- Postal: 10013
