Ecovia Renewables

company

About

We create high-performing biobased ingredients and materials from sustainable processes at the best value for our customers.

  • 1 - 10

Details

Last Funding Type
Grant
Last Funding Money Raised
$1.50M
Industries
Advanced Materials,Agriculture,Biotechnology,Chemical,Energy
Founded date
Apr 1, 2014
Number Of Employee
1 - 10
Operating Status
Active

Ecovia Renewables Inc. was formed in 2014 as a spin-out company from the University of Michigan. It is our mission to develop and commercialize high-performing biobased ingredients and materials from sustainable processes at the best value for our customers. We do this by having microbial ecosystems work for us.

Our suite of Ecovia™ Biopolymers are created from a proprietary fermentation process. They are affordable, biobased, biodegradable, and functional alternatives to conventional acrylate and acrylamide polymers and starch-based biopolymers.

Applications range from soil additives for water retention to super-absorbent cores for infant diapers to thickeners for personal care and industrial products, among many others.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$4.35M
Ecovia Renewables has raised a total of $4.35M in funding over 2 rounds. Their latest funding was raised on Apr 6, 2018 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 6, 2018 Seed $1.60M 1 Seppic — Detail
Jan 1, 2018 Series Unknown — 1 — — Detail
Mar 14, 2017 Grant $1.24M 1 National Science Foundation — Detail
Jan 1, 2015 Grant $1.50M 2 National Science Foundation — Detail

Investors

Number of Lead Investors
Number of Investors
3
4
Ecovia Renewables is funded by 4 investors. Seppic and National Science Foundation are the most recent investors.
Investor Name Lead Investor Funding Round
Seppic Yes Seed
National Science Foundation Yes Grant
Keiretsu Forum — Series Unknown
US Department of Energy — Grant