Evanesce
100% compostable, plant-based eco-friendly foodware and packaging solutions.
100% compostable, plant-based eco-friendly foodware and packaging solutions.
Evanesce is a Canadian startup specializing in the development of innovative technologies aimed at replacing single-use plastics and expanded polystyrene (EPS) foam. The company's StrarFybr™ Molded Starch technology offers sustainable and cost-effective packaging solutions made from agricultural waste by-products, which are 100% compostable and decompose in 90 days or less. Evanesce's product range includes biopolymer items such as straws, cups, lids, and cutlery, all made from renewable resources like corn starch, providing a superior quality and a plastic-like feel. Notably, Evanesce is GRAS compliant and boasts multiple patents granted by the USPTO, Canada’s CIPO, and the China National Intellectual Property Administration, with other patents pending globally. The company encourages others to join the plant-based revolution and embrace the future of plant-based compostable packaging.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Venture Round | Unknown | 1 | Goat Industries | 27 Apr 2022 |
| Private Equity Round | $8.20M | - | 01 Dec 2021 | |
| Series B | $8.00M | - | 01 Sep 2021 | |
| Series A | $3.20M | - | 01 Dec 2020 | |
| Seed Round | $2.30M | 1 | Pyfera Growth Capital | 01 Jan 2019 |
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