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Ecovative Design raises $14 million in private equity funds

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.


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