environmentally friendly materials that perform like plastics but are made by mushrooms – specifically, by their webs of thread-like roots, known as mycelium, which consume crop waste. These materials can be grown and recycled, as opposed to being drilled, pumped, refined and discarded.
Ecovative signed last year to license its packaging technology to Sealed Air, a $7.6bn packging and materials company that makes, among other things, Bubble Wrap. Sealed Air will market and sell Ecovative’s Mushroom Packaging, and it has adapted a factory in Iowa to produce it, using corn stalks as feedstock. Customers include Dell, Steelcase and Crate & Barrel.