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