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Cruz Foam Closes $2.5M Seed Funding Round To Accelerate Circular Protective Packaging Solutions

Nov 23, 2021•about 4 years ago

Amount Raised

$2.5 Million

Round Type

seed

Santa Cruz

Description

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 Information

Company

Cruz Foam

Location

Santa Cruz, California, United States

About

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.