| Founded | 2007 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Cleantech |
| Collapse type | Silent Shutdown |
| Founder | Eben Bayer, Gavin McIntyre |
Ecovative Design
"Mushroom packaging pioneer found that fungi couldn't outcompete styrofoam on cost."
Quiet closure with no public announcement
Key Events Timeline
Ecovative Design raised over $60M from SOSV, Viking Global and others to commercialize mycelium-based packaging and materials as plastic alternatives.
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