Ecovative has mastered the science of mycelium to grow custom solutions for industry-leading brands seeking to increase their sustainable profile across verticals and geographies. The round, which brings Ecovative's total capital raised to $100M, was led by Viking Global Investors, with support from Senator Investment Group, AiiM Partners, Trousdale Ventures and other investors.

Ecovative is a materials science company unlocking the natural potential of mycelium with modern technology. Founded in 2007, Ecovative's mission is to create next generation materials through mycelium biofabrication and to make mycelium materials accessible to everyone. Leveraging its Mycelium Foundry, Ecovative works with partners throughout the textiles, food and packaging industries to grow better materials for everyday needs. To learn more, visit http://www.ecovative.com/.