- Ecovative, a Green Island, NY-based mycelium technology company, raised $60M in Series D funding round
- The round, which brings Ecovative’s total capital raised to $100M, was led by Viking Global Investors
- The company also intends to use the funds to power its next-generation Mycelium Foundry and boost production
- Ecovative is a materials science company also focusing on unlocking the natural potential of mycelium with modern technology
- Founded in 2007, Ecovative’s mission is to create next generation materials through mycelium biofabrication and to make mycelium materials accessible to everyone
- Leveraging its Mycelium Foundry, the company works with partners throughout the textiles, food and packaging industries to grow materials for everyday needs
