Ecovative Design Closes $30M+ Series E Round
Summary
GREEN ISLAND, NY, Ecovative Design has announced the initial closing of a Series E round of over $30 million. Ecovative Design LLC, the worlds leading mycelium technology company, has announced the initial closing of a Series E round of over $30 million. The latest fundraising round was led by Viking Global Investors and includes Standard Investments, FootPrint Coalition Ventures, and AiiM Partners, bringing the total raised by Ecovative to date to $120 million. Ecovative is a biological science and design company, advancing mycelium technology to transform industries with high quality, Earth-friendly materials. Leveraging its Mycelium Foundry, with acres of dedicated production capacity and a range of industry leading partners, Ecovative grows better materials for everyday needs.