08:53 ETEcovia Bio Closes Series B Funding Round Led by Pointe Angels to Expand Manufacturing Capacity

prnewswire
2026.02.03 13:53
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Ecovia Bio, a biotechnology company focused on sustainable biopolymer ingredients, has closed a Series B funding round led by Pointe Angels. The funding will enhance manufacturing capacity at its Livonia facility to meet rising global demand for its biodegradable products, particularly γ-PGA. This expansion aims to address environmental concerns related to microplastics and support various industries, including cosmetics and agriculture. The company plans to achieve full operational capacity by 2028 and is exploring additional production sites to ensure long-term supply chain security.