Tech Company Financing Transactions
Evoco Funding Round
Evoco secured a $8.9 million Series B financing round on 3/28/2023. Investors included Circular Innovation Fund.
Transaction Overview
Company Name
Announced On
3/28/2023
Transaction Type
Venture Equity
Amount
$8,853,000
Round
Series B
Investors
Circular Innovation Fund (Lead Investor)
Proceeds Purpose
VOCO aims to develop high-performance, low-impact materials intended to reduce reliance on fossil fuels. The company's flagship product is a patented foam called FATES, which is 80% plant-based. EVOCO plans to use the new funding to expand its global operational footprint and develop more materials, such as leather alternatives, plastics, and 3D-printed products. This could allow the company to expand beyond footwear into other sectors like furniture, automotive, bedding, and clothing
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
661 University Ave. 445
Toronto, Ontario, M5G 1L7
CA
Toronto, Ontario, M5G 1L7
CA
Phone
Website
Email Address
Overview
Evoco is a material innovation company harnessing the power of nature through plant-based chemistry to develop the next generation of high-performing, sustainable products.?
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jason Robinson
Browse more venture capital transactions:
Prev: 3/28/2023: Reeco venture capital transaction
Next: 3/28/2023: Atlas Metrics venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records on this site come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs