Fundz

Earthodic raised $4 million in a seed round led by FTW Ventures to increase production and build commercial partnerships in the American market.

PRIVATEOct 28, 2024

Amount Raised

$4 Million

Round Type

Seed

BrisbaneManufacturingBiotechnology

Investors

Redstick VenturesUniQuest FundSignificant Capital VenturesBranch Venture GroupTenacious VenturesInvestibleCirculate CapitalQueensland Investment CorporationClosed Loop PartnersFTW Ventures

Description

Australian packaging startup Earthodic has raised US$4 million (AUD$6 million) in an oversubscribed seed round. The funding will help Earthodic hire product and sales staff at home and in America.

Quick answer

Earthodic raised $4 Million in a Seed round, dated October 28, 2024. Investors: Redstick Ventures, UniQuest Fund, Significant Capital Ventures, Branch Venture Group, Tenacious Ventures, Investible, Circulate Capital and Queensland Investment Corporation. Earthodic is based in Brisbane, Queensland, Australia.

How much did Earthodic raise?
Earthodic raised $4 Million in a Seed round on October 28, 2024.
Who invested in Earthodic?
Redstick Ventures, UniQuest Fund, Significant Capital Ventures, Branch Venture Group, Tenacious Ventures, Investible, Circulate Capital and Queensland Investment Corporation are named as investors in this round.
What does Earthodic do?
Earthodic is an Australian packaging startup that specializes in creating biodegradable coatings, specifically Biobarc, which is derived from bio-based materials.
Where is Earthodic based and how big is it?
Earthodic is based in Brisbane, Queensland, Australia.
Who are the decision-makers at Earthodic?
Fundz holds 2 contacts at Earthodic. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing and Biotechnology around the same time

Companies in the same sectors as Earthodic that raised within 45 days of this round, from Fundz verified event records.

  • Mattiq raised $4.5M on December 12, 2024.
  • Ecovia Renewables raised $2M (Seed) on December 10, 2024.
  • Micropep Technologies raised $40M (Series B) on December 6, 2024.
  • Scorpius raised $13M on December 6, 2024.
  • Nature's Toolbox raised $15M (Funding Round) on December 4, 2024.
  • miDiagnostics raised $32M (Series D) on December 4, 2024.

Who to call at Earthodic, and when

A new round usually means Earthodic is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Earthodic raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Earthodic, from your own LinkedIn network

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Company Information

Company

Earthodic

Location

Brisbane, Queensland, Australia

About

Earthodic is an Australian packaging startup that specializes in creating biodegradable coatings, specifically Biobarc, which is derived from bio-based materials. Their innovative coating provides water-resistant properties while ensuring more efficient recyclability compared to traditional coatings. The company aims to transform the packaging industry by offering sustainable alternatives to single-use plastics. Earthodic is focused on expanding its production capabilities and commercial partnerships, particularly in the American market.

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