Albany Business Review
Ecovative Design, the startup whose innovative mushroom technology is serving as packaging material for such big players as Dell Inc. and Steelcase Inc., has raised more than $14 million in private equity from new and existing investors.
The equity was raised through existing investors, the DOEN Foundation and Rensselaer Polytechnic Institute, a private university in Troy, NY. Ecovative officials declined to name the new investors. More.