ECOVATIVE DESIGN

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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 Greensulateรขโ€žยข. 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. Thatรขโ‚ฌโ„ขs why weรขโ‚ฌโ„ขre 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.

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ECOVATIVE DESIGN

Social Links:

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

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Jessica Harris Advisor @ Ecovative Design
Board_member

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Evan Lodes Board Member @ Ecovative Design
Board_member

Current Employees Featured

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Eben Bayer
Eben Bayer CEO @ Ecovative Design
CEO
2007-05-01

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Orkan Telhan
Orkan Telhan Head of Foundry Engineering @ Ecovative Design
Head of Foundry Engineering
2022-01-01

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Gavin McIntyre
Gavin McIntyre Director Of Business Development @ Ecovative Design
Director Of Business Development
2018-09-01

Founder


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Eben Bayer

gavin-mcintyre_image

Gavin McIntyre

Investors List

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Viking Global Investors

Viking Global Investors investment in Series D - Ecovative Design

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Alpha Impact Investment Management Partners

Alpha Impact Investment Management Partners investment in Series D - Ecovative Design

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Senator Investment Group

Senator Investment Group investment in Series D - Ecovative Design

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Siam Capital

Siam Capital investment in Series D - Ecovative Design

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Trousdale Ventures

Trousdale Ventures investment in Series D - Ecovative Design

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NYSERDA

NYSERDA investment in Grant - Ecovative Design

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NYSERDA

NYSERDA investment in Grant - Ecovative Design

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NYSERDA

NYSERDA investment in Grant - Ecovative Design

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3M

3M investment in Venture Round - Ecovative Design

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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: 198.49.23.144
  • IP address: 198.49.23.144
  • Location: New York United States
  • Latitude: 40.7157
  • Longitude: -74
  • Metro Code: 501
  • Timezone: America/New_York
  • Postal: 10013

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