Ecovative Design has filed a notice of an exempt offering of securities to raise $31,742,598.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Ecovative Design is raising $31,742,598.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Eben Bayer played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Ecovative Design
Ecovative uses biology to solve fundamental human needs at industrial scales and in consumer applications. Ecovative uses mycelium to grow category defining products ranging from leather like textiles to sustainable packaging to high performance foams for apparel and beauty. Ecovative has been widely recognized for its technical and environmental contributions by organizations like the World Economic Forum and in the media including Wired Magazine, Forbes, and Time.
To learn more about Ecovative Design, visit https://www.ecovative.com/
Contact:
Eben Bayer, Chief Executive Officer
518-273-3753
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