Ecovative Secures $11M for MyBacon Expansion Efforts

Ecovative has raised $11 million in a funding round, which includes $1.68 million in grants and loans. The capital will support the expansion of its mycelium-based product, MyBacon, now available in 1,200 stores, and enhance its Forager division for mycelium-based materials.

Original excerpt: Much of the capital—raised from undisclosed existing investors—will support the expansion of mycelium-based product MyBacon…

Source: AgFunderNews