Cruz Foam Closes $2.5M Seed Funding Round To Accelerate Circular Protective Packaging Solutions
11/23/21, 8:00 AM
Location
santa cruz
Money raised
$2.5 million
Round Type
seed
CRUZ FOAM, Inc., a mission-driven sustainable materials company, announced today that it has closed $2.5 million in seed funding in a raise led by At One Ventures to enable the transition toward a circular economy.
Company Info
Location
santa cruz, california, united states
Additional Info
Cruz Foam is a bio-material technology company that produces ASTM certified compostable, protective packaging foam, and other eco-friendly solutions that offer a sustainable alternative to petroleum-based products. Cruz Foam's patents-pending products are circular in nature using chitin from seafood waste streams to create a compostable material using the existing supply chain and at a similar cost. Cruz Foam is currently working with consumer-packaged goods, electronics, appliance, and durable goods companies. Cruz Foam is a mission-driven company creating impact at scale by empowering industry leaders to be the catalyst for a cleaner environment. Cruz Foam is headquartered in Santa Cruz, California.