Ecovia Renewables Announces Major Partnership; Raises $1 Million in Seed Financing

ANN ARBOR, MICHIGAN, April 6th, 2018— Ecovia Renewables Inc. announced today that the company has signed a multi-year joint-development agreement with Seppic Inc, a member of the Seppic Group, a leading designer and manufacturer of specialty ingredients. Under the agreement, the two parties will co-develop a suite of high-performing, biobased and biodegradable polymers for topical applications in the health and beauty markets. Similarly, Seppic will have exclusive marketing rights to products made using Ecovia’s technology, a proprietary fermentation platform inspired by Ecovia CEO Dr. Jeremy Minty’s work on engineering microbial ecosystems.