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Ecovative Design
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Short description

Developer of mycelium fermentation technology for production of biomaterials and food ingredients

Founded in 2007
Founded in

Company type Private Public ()
Company type

Industry Group agriculture & food

Sector alternative proteins

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters United States United States
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Updated by Cleantech Group on 03/30/2025

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Date Company
08/25/2011

Steelcase Steelcase

Steelcase is using Ecovative's packaging product for office furniture parts.

Confirmed by Steelcase

Partnerships
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Date Partner Type
11/25/2022
Ecco Leather Ecco Leather
Collaboration to develop new mycelium material
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Confirmed by Ecco Leather
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Investment Rounds
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IPO INFORMATION

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Date Investors Type Amount
03/28/2025 (0)
Post-money valuation of
The round was largely led by existing investors, alongside a $1.7M grant and loan from the Advance Albany County Alliance, and will specifically support the “ongoing scale-up of our MyBacon production”, said Ecovative founder and CEO Eben Bayer.
Growth Equity $9,300,000
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