Ecovative Design
VC Fund
Troy, United States
Ecovative Design is a VC fund in Troy focused on Organic and Organic Food. Eben Bayer and Gavin McIntyre are fascinated by mushrooms growing on wood chips and observing how the fungal mycelium strongly bonds the wood chips together. This inspired them to think of new ways of using mycelium as a resin. In a class at Rensselaer called Inventor's Studio, they applied this new process for binding together insulatingparticles, creating Greensulate. Rather than just decreasing the environmental impact of conventional polystyrene foams, this invention creates a whole new paradigm where composite materials are literally grown, harnessing the incredible efficiency of nature. Shortly after founding the company, they won small grants from the American Society of Mechanical Engineers (ASME) and the National Collegiate Inventors and Innovators Alliance (NCIIA). This funding was used to create initial samples of the material. This proof of concept enabled the company to win bigger grants from the New York State Energy Research and Development Authority (NYSERDA) and the Environmental Protection Agency (EPA) to further develop the products. Since then, Ecovative has won many more awards and grants that have enabled the company to continue to grow and accelerate the production of these revolutionary eco-friendly materials.At Ecovative, they are passionate about sustainability. That is why they are working with nature to replace unsustainable plastics and foams with natural composites. Using innovative new materials and radical new technologies, their products perform at least as well as current state-of-the-art synthetics, but at a lower cost to both you and the environment.
- Total investments:
- 3
- Last investment:
- Lead investor:
- 100%
Last updated:
For AI agents: llms.txt
Industries Ecovative Design invests in
Stages Ecovative Design invests in
Countries Ecovative Design invests in
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Investment Focus
Industry
- Organic 1 (33%)
- Organic Food 1 (33%)
- Manufacturing 1 (33%)
- Sustainability 1 (33%)
- Food Processing 1 (33%)
Stage
- Series A 2 (67%)
- Seed 1 (33%)
Country
- United States 2 (67%)
- United Kingdom 1 (33%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Eben Bayer
CEO
|
CEO | Total investments: 0 | Find email | |
Eben Bayer
CEO
|
CEO | Total investments: 1 | Find email | |
Gavin McIntyre
Director Of Business Development
|
Director Of Business Development | Total investments: 0 | Find email | |
Orkan Telhan
Head of Foundry Engineering
|
Head of Foundry Engineering | Total investments: 0 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| MyForest Foods grows meatless mycelium on vertical farms and supplies sustainable natural flagship products to consumers. | $15M / Series A / Jun 06, 2023 | ||
| MyForest Foods focuses on creating sustainable plant-based food products using mycelium, the root structure of mushrooms. The company's flagship product, MyBacon, is crafted from oyster mushroom mycelium grown in vertical farms. This process utilizes a proprietary cultivation method developed by its parent company, Ecovative, to control theshape and density of the mycelium as it grows. MyForest Foods' approach aims to offer a sustainable alternative to traditional meat products. | $15M / Series A / Jun 06, 2023 | ||
| The Magical Mushroom Company is a producer of “Mushroom Packaging” using mycelium composite technology. | $3.7M / Seed / Jun 27, 2022 |
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FAQ
What does Ecovative Design invest in?
Ecovative Design invests primarily in Organic, Organic Food and Manufacturing startups, most often at Series A and Seed stage. Most of the 3 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.
How do I contact Ecovative Design?
Public channels for Ecovative Design include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at Ecovative Design?
The team at Ecovative Design includes Eben Bayer (CEO), Eben Bayer (CEO) and Gavin McIntyre (Director Of Business Development). The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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