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Evanesce

Full company profile

uuid0002khu

Namestring
Evanesce
Legal namestring
Evanesce Inc.
Websiteurl
evanesce.com
Company typeenum
Private
Founded yearint
2016
Descriptiontext

Evanesce Inc., founded in 2016 and headquartered in Vancouver, British Columbia, manufactures 100% compostable, plant-based food service packaging as a sustainable alternative to single-use plastics and expanded polystyrene (EPS/Styrofoam). The company sells directly to North American foodservice operators and food retailers through two product lines: StarFybr™ molded starch products (trays, meal containers, food containers) and Biopolymer serviceware (straws, cutlery, hot and cold beverage cups, lids). Manufacturing is conducted in the United States at facilities in Early Branch, South Carolina and North Las Vegas, Nevada, with distribution centers in California and South Carolina, and sales offices in Vancouver, Portland, Dallas, and Vienna.

The company's core technology rests on two platforms. The patented Evanesce® Molded Starch technology uses upcycled plant by-products (potatoes, rice, peas) to produce packaging that decomposes in 90 days or less and is certified home compostable. The Biopolymer line uses plant-based resins derived from corn, producing commercially compostable (BPI-certified) serviceware free from BPA, PFAS, phthalates, and formaldehyde. Through a strategic partnership with Minima (Taiwan), Evanesce holds exclusive supplier rights to Minima's best-in-class compostable resin in the broader manufacturing market and accesses 30+ international patents. The BioPaxium collaboration (2023) extends the company's R&D into bio-based coatings and high-barrier compostable lamination films. Products meet ASTM D6400 and ASTM D6868 standards and carry TUV, SQF, DIN, okcompost, and BPI certifications.

Evanesce operates a sales-led, B2B go-to-market model. Revenue is generated through unit-based product sales (e.g., $59 USD per case of compostable straws) and quote-based pricing for customized bulk orders with volume discounts and potential multi-year contracts. Distribution occurs via direct sales team outreach and an expanding network of distributors. The company has raised approximately $21.7 million across disclosed funding rounds (2019–2022), with Billy Goat Brands (TSX-listed) exercising incentive warrants in April 2022 as the company prepared for a potential public listing. Customer segments are primarily enterprise foodservice operators and grocery/food retail, though specific customer logos are not publicly disclosed.

Short descriptiontext

Evanesce manufactures 100% compostable, plant-based food service packaging, including molded starch trays and biopolymer straws, cups, and cutlery. The Vancouver-based company sells directly to North American foodservice operators and food retailers, operating U.S. manufacturing in South Carolina and Nevada.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersVancouver, Canada
HQ citystring
Vancouver
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices8 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
compostable food packaging, plant-based serviceware, molded starch trays, biopolymer cutlery, sustainable food containers
Industry4 codes
1Compostable & Bio-Based Packaging (PLA/PHA, Starch Blends, Cellulose Films)
CodeIMALAMABPrimaryYes
2Paper-Based Foodservice Packaging (Cups, Lids, Trays, Takeout Containers)
CodeIMALACAJPrimaryNo
3Bio-based Packaging Materials (molded fiber, bio-barrier coatings, compostables)
CodeIMAMALAIPrimaryNo
4Bio-Based & Biodegradable Compounds (PLA/PHA/Starch Blends)
CodeIMANABAFPrimaryNo
NAICS code1 code
  • Folding Paperboard Box Manufacturing322212
SIC code2 codes
  • Papers & Allied Products2600
  • Paperboard Containers & Boxes2650
Product category
Compostable Food Service Packaging
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Compostable Packaging Product Sales
TypeOne Time License
Description

Sale of compostable food service packaging products including molded starch trays, biopolymer straws, cups, lids, cutlery, and other serviceware. Products sold in bulk quantities with pricing dependent on volume. Direct sales through company sales team for customized and bulk orders.

evanesce.com
2Product Unit Sales
TypeOne Time License
Description

Unit-based pricing for individual products (e.g., $59.00 USD per case of compostable straws). Available in various sizes, colors, and configurations. Bulk order discounts offered.

evanesce.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales
Pricing details2 tiers
1Standard product case pricing
ModelUnit PricingBilling cadencePay-as-you-go
Notes

8mm 7.75" compostable straws - $59.00 USD wrapped (7,200 straws/case, 24 packs/case); 5mm 7.75" compostable straws - $59.00 USD wrapped (9,600 straws/case, 24 packs/case). Custom pricing available based on quantities with potential discounts for large bulk orders.

evanesce.com
2Custom/bulk order pricing
ModelOtherBilling cadenceMulti-year contract
Notes

Quote-based pricing for customized orders, bulk purchases, and enterprise clients. Sales team available at 1-800-691-9158 for pricing inquiries.

evanesce.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 record
1StarFybr™
Description

Molded starch product line featuring 100% compostable trays and packaging made from upcycled plant by-products that decompose in 90 days or less.

evanesce.com
Core offering1 text field

Evanesce manufactures and sells 100% compostable, plant-based food service packaging products through two lines: (1) StarFybr™ / Evanesce® Molded Starch trays and containers produced using a patented process that upcycles plant by-products (potatoes, rice, peas) into packaging that decomposes in 90 days or less and replaces expanded polystyrene (EPS/Styrofoam); and (2) Biopolymer Serviceware (straws, cutlery, hot/cold cups and lids) made from plant-based resin derived from corn that is BPI-certified commercially compostable. Both lines are free of BPA, PFAS, phthalates, and formaldehyde, and are sold primarily to B2B foodservice and grocery customers via direct sales and distribution partners.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Products decompose in 90 days or less (vs. 500+ years for Styrofoam)
+2 more records
Product overview1 text field

Evanesce offers two main product lines: (1) StarFybr™ Molded Starch Products featuring patented technology that uses upcycled plant by-products (potatoes, rice, peas) to create 100% compostable packaging that replaces EPS/Styrofoam, decomposing in 90 days or less with home compostability certification; and (2) Biopolymer Serviceware comprising compostable straws, cutlery, hot/cold beverage cups and lids made from plant-based resin (corn). Both product lines are 100% plant-based and certified commercially compostable (BPI), offering cost-competitive sustainable alternatives to traditional plastics. The products are proudly manufactured in the USA at facilities in South Carolina and Nevada.

Product and service7 records
1StarFybr™ Molded Starch Products
CategoryCompostable Food Packaging
Description

A product line of 100% compostable, plant-based packaging made via Evanesce's patented Molded Starch technology from upcycled plant by-products (potatoes, rice, peas). Replaces expanded polystyrene (EPS/Styrofoam) and is certified home compostable, decomposing in 90 days or less. Sold to foodservice operators and food retailers.

2Evanesce® Molded Starch Trays
CategoryCompostable Food Packaging
Description

Versatile molded starch trays that are 100% compostable, leak-proof, grease-resistant, with a 2-year shelf life. Designed to look and feel like Styrofoam™ while decomposing in 90 days or less, available in standard food industry sizes with customization options.

3Biopolymer Serviceware
CategoryCompostable Food Serviceware
Description

A product line of compostable food service packaging made from high-quality plant-based resin derived from corn. Products are BPI certified commercially compostable, free from BPA, phthalates and plasticizers, and look and feel like plastic while being commercially compostable.

4Compostable Straws
CategoryCompostable Food Serviceware
Description

Biopolymer straws made from renewable corn resources, available in 5mm and 8mm diameters and 7.75 inch lengths. Cold beverage versions withstand up to 122°F/50°C; heat resistant versions up to 176°F/80°C. Certified commercially compostable, free from BPAs and plasticizers. Sold in cases (e.g., $59.00 USD per case).

5Compostable Cutlery
CategoryCompostable Food Serviceware
Description

Plant-based compostable cutlery with temperature resistance from -35°F/-20°C to 194°F/95°C. Free from BPA, phthalates and plasticizers; strong and lightweight like plastic but commercially compostable.

6Compostable Cold Beverage Cups
CategoryCompostable Food Serviceware
Description

Biomaterial cold beverage cups available in 16 oz and 20 oz sizes, suitable for cold drinks up to 122°F/50°C. Made with plant resin, certified commercially compostable, free from BPA and plasticizers.

7Compostable Cold Cup Lids
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
1BioPaxium
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2023-08-09
Description

BioPaxium and Evanesce formed a notable collaboration for developing sustainable food packaging solutions. The partnership combines Evanesce's knowledge in renewable materials and cutting-edge technologies with BioPaxium's proficiency in creating starch/fiber-based packaging solutions. The collaboration aims to accelerate research, development, and commercialization of innovative packaging products, incorporating bio-based coatings and high-barrier compostable lamination films.

evanesce.com
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2022-10-27
Description

Minima is Asia's premiere brand of compostable products and resins with offices worldwide. They produce custom blends of fully compostable resins based on 30+ international patents. In September 2022, Evanesce's Executive Team and Board visited Minima in Taiwan to strengthen the partnership. Evanesce is the exclusive supplier of Minima's best-in-class resin to other manufacturers.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

BPI-certified compostable foodservice ware company (plates, bowls, trays, cutlery) with a similar plant-based value proposition and comparable customer base in restaurants, universities, and corporate cafeterias.

TypeDirect peer
Description

UK-based specialist in compostable foodservice packaging made from plant-based materials (PLA, bagasse, palm leaf). Overlaps directly with Evanesce's foodservice cutlery, cup, and container categories and competes for the same sustainability-driven buyer segment.

3Minima
TypeOthers
Description

Asia's premier brand of compostable products and resins and Evanesce's strategic resin partner. Comparable compostable-resin technology platform and certified biopolymer formulations; though primarily upstream supplier to Evanesce, also competes in finished goods in Asia.

TypeBroad incumbent
Description

Large North American foodservice packaging manufacturer with extensive compostable and recycled-content lines. Competes head-to-head with Evanesce for foodservice operator contracts but at vastly greater scale and broader product portfolio.

TypeDirect peer
Description

U.S. manufacturer of disposable cups and foodservice ware with a growing portfolio of compostable and bio-based offerings (including the 'phade' PLA cup line), competing directly for the same U.S. foodservice and QSR customers Evanesce targets.

TypeEmerging player
Description

Israel-based developer of fully compostable flexible packaging films for food and fashion applications. Comparable in compostable-polymer R&D platform and certified end-of-life positioning, though focused on flexible films rather than rigid foodservice ware.

TypeDirect peer
Description

Asia-Pacific-headquartered maker of compostable foodservice packaging (cups, lids, straws, containers) made from plant-based materials. Closely comparable product range and sustainability certification positioning to Evanesce's biopolymer line.

TypeDirect peer
Description

Specialist in compostable foodservice packaging (plates, bowls, cups, cutlery) and a direct BPI-certified competitor to Evanesce across both molded fiber and PLA-based product lines for restaurant and institutional foodservice.

TypeBroad incumbent
Description

Global foodservice packaging leader with a growing portfolio of compostable fiber-based and bioplastic products. Comparable in target segment (foodservice cups, lids, containers) and in pursuit of bio-based substitutes for single-use plastics.

TypeEmerging player
Description

U.S. distributor of compostable and plant-based foodservice packaging (cups, lids, containers, cutlery). Competes with Evanesce indirectly through resale of comparable plant-based product lines into restaurants and institutions.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance6 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Evanesce

Compostable Food Service Packagingevanesce.com

Evanesce manufactures 100% compostable, plant-based food service packaging, including molded starch trays and biopolymer straws, cups, and cutlery. The Vancouver-based company sells directly to North American foodservice operators and food retailers, operating U.S. manufacturing in South Carolina and Nevada.

What Evanesce does

Evanesce Inc., founded in 2016 and headquartered in Vancouver, British Columbia, manufactures 100% compostable, plant-based food service packaging as a sustainable alternative to single-use plastics and expanded polystyrene (EPS/Styrofoam). The company sells directly to North American foodservice operators and food retailers through two product lines: StarFybr™ molded starch products (trays, meal containers, food containers) and Biopolymer serviceware (straws, cutlery, hot and cold beverage cups, lids). Manufacturing is conducted in the United States at facilities in Early Branch, South Carolina and North Las Vegas, Nevada, with distribution centers in California and South Carolina, and sales offices in Vancouver, Portland, Dallas, and Vienna.

The company's core technology rests on two platforms. The patented Evanesce® Molded Starch technology uses upcycled plant by-products (potatoes, rice, peas) to produce packaging that decomposes in 90 days or less and is certified home compostable. The Biopolymer line uses plant-based resins derived from corn, producing commercially compostable (BPI-certified) serviceware free from BPA, PFAS, phthalates, and formaldehyde. Through a strategic partnership with Minima (Taiwan), Evanesce holds exclusive supplier rights to Minima's best-in-class compostable resin in the broader manufacturing market and accesses 30+ international patents. The BioPaxium collaboration (2023) extends the company's R&D into bio-based coatings and high-barrier compostable lamination films. Products meet ASTM D6400 and ASTM D6868 standards and carry TUV, SQF, DIN, okcompost, and BPI certifications.

Evanesce operates a sales-led, B2B go-to-market model. Revenue is generated through unit-based product sales (e.g., $59 USD per case of compostable straws) and quote-based pricing for customized bulk orders with volume discounts and potential multi-year contracts. Distribution occurs via direct sales team outreach and an expanding network of distributors. The company has raised approximately $21.7 million across disclosed funding rounds (2019–2022), with Billy Goat Brands (TSX-listed) exercising incentive warrants in April 2022 as the company prepared for a potential public listing. Customer segments are primarily enterprise foodservice operators and grocery/food retail, though specific customer logos are not publicly disclosed.

Evanesce firmographics

Firmographics
Name
Evanesce
Legal name
Evanesce Inc.
Website
https://evanesce.com
Company type
Private
Founded year
2016
Operating status
Operating
Headcount range
11–50 employees
Short description
Evanesce manufactures 100% compostable, plant-based food service packaging, including molded starch trays and biopolymer straws, cups, and cutlery. The Vancouver-based company sells directly to North American foodservice operators and food retailers, operating U.S. manufacturing in South Carolina and Nevada.
Ownership category
akta.pro rank

Evanesce industry classification

Industry
Product category
Compostable Food Service Packaging
NAICS
Folding Paperboard Box Manufacturing (322212)
SIC
Papers & Allied Products (2600), Paperboard Containers & Boxes (2650)
akta.pro primary industry
Compostable & Bio-Based Packaging (PLA/PHA, Starch Blends, Cellulose Films) (IMALAMAB)
akta.pro secondary industries
Paper-Based Foodservice Packaging (Cups, Lids, Trays, Takeout Containers) (IMALACAJ), Bio-based Packaging Materials (molded fiber, bio-barrier coatings, compostables) (IMAMALAI), Bio-Based & Biodegradable Compounds (PLA/PHA/Starch Blends) (IMANABAF)

Keywords

  • Compostable food packaging
  • Plant-based serviceware
  • Molded starch trays
  • Biopolymer cutlery
  • Sustainable food containers

Where Evanesce is headquartered

Location

Headquarters

HQ city
Vancouver
HQ country
Canada
HQ region
North America

Offices8 records

Markets served

Evanesce business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales

Revenue model

  1. Compostable Packaging Product Sales: Sale of compostable food service packaging products including molded starch trays, biopolymer straws, cups, lids, cutlery, and other serviceware. Products sold in bulk quantities with pricing dependent on volume. Direct sales through company sales team for customized and bulk orders.
  2. Product Unit Sales: Unit-based pricing for individual products (e.g., $59.00 USD per case of compostable straws). Available in various sizes, colors, and configurations. Bulk order discounts offered.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goStandard product case pricing
OtherMulti-year contractCustom/bulk order pricing

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Evanesce product offering

Product offering

Core offering

Evanesce manufactures and sells 100% compostable, plant-based food service packaging products through two lines: (1) StarFybr™ / Evanesce® Molded Starch trays and containers produced using a patented process that upcycles plant by-products (potatoes, rice, peas) into packaging that decomposes in 90 days or less and replaces expanded polystyrene (EPS/Styrofoam); and (2) Biopolymer Serviceware (straws, cutlery, hot/cold cups and lids) made from plant-based resin derived from corn that is BPI-certified commercially compostable. Both lines are free of BPA, PFAS, phthalates, and formaldehyde, and are sold primarily to B2B foodservice and grocery customers via direct sales and distribution partners.

Product overview

Evanesce offers two main product lines: (1) StarFybr™ Molded Starch Products featuring patented technology that uses upcycled plant by-products (potatoes, rice, peas) to create 100% compostable packaging that replaces EPS/Styrofoam, decomposing in 90 days or less with home compostability certification; and (2) Biopolymer Serviceware comprising compostable straws, cutlery, hot/cold beverage cups and lids made from plant-based resin (corn). Both product lines are 100% plant-based and certified commercially compostable (BPI), offering cost-competitive sustainable alternatives to traditional plastics. The products are proudly manufactured in the USA at facilities in South Carolina and Nevada.

Differentiator

Problem solved

Functional benefit

Brands

  • StarFybr™: Molded starch product line featuring 100% compostable trays and packaging made from upcycled plant by-products that decompose in 90 days or less.

Products and services

  • StarFybr™ Molded Starch Products A product line of 100% compostable, plant-based packaging made via Evanesce's patented Molded Starch technology from upcycled plant by-products (potatoes, rice, peas). Replaces expanded polystyrene (EPS/Styrofoam) and is certified home compostable, decomposing in 90 days or less. Sold to foodservice operators and food retailers.
  • Evanesce® Molded Starch Trays Versatile molded starch trays that are 100% compostable, leak-proof, grease-resistant, with a 2-year shelf life. Designed to look and feel like Styrofoam™ while decomposing in 90 days or less, available in standard food industry sizes with customization options.
  • Biopolymer Serviceware A product line of compostable food service packaging made from high-quality plant-based resin derived from corn. Products are BPI certified commercially compostable, free from BPA, phthalates and plasticizers, and look and feel like plastic while being commercially compostable.
  • Compostable Straws Biopolymer straws made from renewable corn resources, available in 5mm and 8mm diameters and 7.75 inch lengths. Cold beverage versions withstand up to 122°F/50°C; heat resistant versions up to 176°F/80°C. Certified commercially compostable, free from BPAs and plasticizers. Sold in cases (e.g., $59.00 USD per case).
  • Compostable Cutlery Plant-based compostable cutlery with temperature resistance from -35°F/-20°C to 194°F/95°C. Free from BPA, phthalates and plasticizers; strong and lightweight like plastic but commercially compostable.
  • Compostable Cold Beverage Cups Biomaterial cold beverage cups available in 16 oz and 20 oz sizes, suitable for cold drinks up to 122°F/50°C. Made with plant resin, certified commercially compostable, free from BPA and plasticizers.
  • Compostable Cold Cup Lids

Quantifiable outcome

  • Products decompose in 90 days or less (vs. 500+ years for Styrofoam)
  • +2 more outcomes

Companies that use Evanesce

Customer profile

Named customers1 record

Segments2 records

Ideal customer profiles3 records

Evanesce technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Evanesce partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • BioPaxiumcoreStrategic or Co-development Partner · 9 August 2023BioPaxium and Evanesce formed a notable collaboration for developing sustainable food packaging solutions. The partnership combines Evanesce's knowledge in renewable materials and cutting-edge technologies with BioPaxium's proficiency in creating starch/fiber-based packaging solutions. The collaboration aims to accelerate research, development, and commercialization of innovative packaging products, incorporating bio-based coatings and high-barrier compostable lamination films.
  • MinimacoreStrategic or Co-development Partner · 27 October 2022Minima is Asia's premiere brand of compostable products and resins with offices worldwide. They produce custom blends of fully compostable resins based on 30+ international patents. In September 2022, Evanesce's Executive Team and Board visited Minima in Taiwan to strengthen the partnership. Evanesce is the exclusive supplier of Minima's best-in-class resin to other manufacturers.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Evanesce competitors and assessment

Company assessment

Direct peers

  • World Centric: BPI-certified compostable foodservice ware company (plates, bowls, trays, cutlery) with a similar plant-based value proposition and comparable customer base in restaurants, universities, and corporate cafeterias.
  • Vegware: UK-based specialist in compostable foodservice packaging made from plant-based materials (PLA, bagasse, palm leaf). Overlaps directly with Evanesce's foodservice cutlery, cup, and container categories and competes for the same sustainability-driven buyer segment.
  • WinCup: U.S. manufacturer of disposable cups and foodservice ware with a growing portfolio of compostable and bio-based offerings (including the 'phade' PLA cup line), competing directly for the same U.S. foodservice and QSR customers Evanesce targets.
  • BioPak: Asia-Pacific-headquartered maker of compostable foodservice packaging (cups, lids, straws, containers) made from plant-based materials. Closely comparable product range and sustainability certification positioning to Evanesce's biopolymer line.
  • Eco-Products (Novolex): Specialist in compostable foodservice packaging (plates, bowls, cups, cutlery) and a direct BPI-certified competitor to Evanesce across both molded fiber and PLA-based product lines for restaurant and institutional foodservice.

Others

  • Minima: Asia's premier brand of compostable products and resins and Evanesce's strategic resin partner. Comparable compostable-resin technology platform and certified biopolymer formulations; though primarily upstream supplier to Evanesce, also competes in finished goods in Asia.

Broad incumbents

  • Pactiv Evergreen: Large North American foodservice packaging manufacturer with extensive compostable and recycled-content lines. Competes head-to-head with Evanesce for foodservice operator contracts but at vastly greater scale and broader product portfolio.
  • Huhtamaki: Global foodservice packaging leader with a growing portfolio of compostable fiber-based and bioplastic products. Comparable in target segment (foodservice cups, lids, containers) and in pursuit of bio-based substitutes for single-use plastics.

Emerging players

  • TIPA: Israel-based developer of fully compostable flexible packaging films for food and fashion applications. Comparable in compostable-polymer R&D platform and certified end-of-life positioning, though focused on flexible films rather than rigid foodservice ware.
  • GoodStart Packaging: U.S. distributor of compostable and plant-based foodservice packaging (cups, lids, containers, cutlery). Competes with Evanesce indirectly through resale of comparable plant-based product lines into restaurants and institutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Evanesce social profiles

Digital presence

Evanesce compliance and trust

Trust signal

Compliance6 records

Evanesce financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Evanesce leadership team

Management profile

Number of profiles

Profiles7 records

Evanesce funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Evanesce M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Evanesce

What does Evanesce do?

Evanesce manufactures and sells 100% compostable, plant-based food service packaging products through two lines: (1) StarFybr™ / Evanesce® Molded Starch trays and containers produced using a patented process that upcycles plant by-products (potatoes, rice, peas) into packaging that decomposes in 90 days or less and replaces expanded polystyrene (EPS/Styrofoam); and (2) Biopolymer Serviceware (straws, cutlery, hot/cold cups and lids) made from plant-based resin derived from corn that is BPI-certified commercially compostable. Both lines are free of BPA, PFAS, phthalates, and formaldehyde, and are sold primarily to B2B foodservice and grocery customers via direct sales and distribution partners.

Is Evanesce a public or private company?

Evanesce is a private company. It is classified as venture growth investor backed and is currently operating.

When was Evanesce founded?

Evanesce was founded in 2016. It employs 11 to 50 people.

Where is Evanesce based?

Evanesce is headquartered in Vancouver, Canada, in the North America region.

How does Evanesce make money?

Two revenue lines are on record. Compostable Packaging Product Sales are the primary driver. The others are product Unit Sales.

Who are Evanesce's main competitors?

Direct peers on record are World Centric, Vegware, WinCup, BioPak and Eco-Products (Novolex). Minima is listed as an others. Broad incumbents are Pactiv Evergreen and Huhtamaki. Emerging players are TIPA and GoodStart Packaging.

Does Evanesce have an API?

No public API is recorded for Evanesce.

What industry is Evanesce in?

Evanesce's product category is Compostable Food Service Packaging. Its primary akta.pro industry code is IMALAMAB, Compostable & Bio-Based Packaging (PLA/PHA, Starch Blends, Cellulose Films), with a secondary code of IMALACAJ, Paper-Based Foodservice Packaging (Cups, Lids, Trays, Takeout Containers). Its NAICS code is 322212 and its SIC code is 2600.

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International Business TimesBuilding Practical Sustainability: How Evanesce Is Aligning Environmental Goals With Commercial Realities in PackagingEvanesce, founded by Douglas Horne, develops StarFybr, a starch-based composite packaging material from food waste streams. The company uses a licensing model to let partners integrate the material, aiming to balance sustainability with cost. Horne sees potential in institutional meal trays and medical packaging.ThemarketonlineBilly Goat Brands (CSE:GOAT) increases stake in EvanesceBilly Goat Brands increased its investment in sustainable packaging company Evanesce by exercising additional purchase warrants as part of an incentive program. Evanesce, which manufactures compostable products in the United States, plans to go public later this year on the TSX or NASDAQ.GlobeNewswireBilly Goat Brands Announces Marketing Campaign Featuring Influential People and OrganizationsBilly Goat Brands announced an influencer-based marketing campaign to raise awareness of its ocean economy portfolio. The campaign will feature four companies: Sophie's Kitchen, Evanesce Packaging, FunGuys Beverages, and The Vegetarian Butcher, and will run for about three months.GlobeNewswireBilly Goat Brands’ Investee Evanesce Communicates Refined Long-Term Growth StrategyEvanesce Packaging Solutions, a Billy Goat Brands investee, announced an operational update expanding production to two U.S. facilities and adding four straw lines, tripling capacity in Q2 2022. The company plans to list on a North American exchange by Q2 2022, aiming to raise capital for global expansion.GlobeNewswireLVGEA Brings Six Companies And More Than 550 Jobs to Southern NevadaSix companies will bring over 550 jobs to Southern Nevada, approved by the Nevada Governor's Office of Economic Development and supported by LVGEA. The companies, including Design Factory, Envases, and Evanesce, will create 556 regional jobs within five years. GOED has approved 42 companies for incentives in 2021, with 75 companies since 2019 expected to create over 11,340 jobs by 2026.GlobeNewswireBilly Goat Brands’ Investee Evanesce Packaging Opening New Manufacturing Plant in South CarolinaEvanesce Packaging Solutions, an investee of Billy Goat Brands, will open a new manufacturing facility in Hampton County, South Carolina on October 21, 2021. The plant is designed to produce millions of biodegradable PLA straws per day and will create 78 new jobs. The facility aims to scale production and support new product launches.