How much funding has Ecovative raised?

Ecovative has raised $39.0M in total funding, most recently a Venture Round.

Who are Ecovative's investors?

Ecovative's investors include Advance Albany County Alliance, Viking Global, FootPrint Coalition, AiiM Partners, Standard Industries.

Where is Ecovative headquartered?

Ecovative is headquartered in Green Island, New York, United States.

What industry is Ecovative in?

Ecovative operates in Biotech, Climate Tech.

Ecovative

We grow better materials

Green Island, United States · Founded 2010 · $39.0M raised

Biotech

Climate Tech

Headquarters: Green Island, New York
Founded: 2010
Business Model: B2B
Website: ecovative.com

Total Funding: $39.0M
Last Round: $11.0M Venture RoundMar 2025
Rounds: 2

About

Ecovative is a materials science company that engineers mycelium — the root network of fungi — into sustainable alternatives to animal proteins, foams, and leather. Founded in 2007 at RPI by Eben Bayer and Gavin McIntyre, the company operates farms in New York and Pennsylvania, converting agricultural waste into whole-cut mycelium protein (MyBacon), high-performance packaging foams, and leather-like hides through its Forager division. Ecovative licenses its AirMycelium platform to partner farms worldwide and holds over 40 patents covering mycelium cultivation and materials science.

Summary

Ecovative is a Biotech company based in Green Island, United States, founded in 2010. It has raised $39.0M in total across 2 rounds, most recently a $11.0M Venture Round round in Mar 2025. Investors include Advance Albany County Alliance, Viking Global and FootPrint Coalition.