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Terraphene secures investment from Nucleus Fund for hemp-based material alternatives. The Lehi-based company develops sustainable substitutes for plastic, wood, metal, and concrete.
PRIVATESep 03, 2026•1 day ago
Round Type
Venture - Series Unknown
Manufacturing
Investors
Nucleus Fund
Description
Terraphene, a Lehi-based material technology company, announced an investment from the Nucleus Fund, the early-stage venture arm of the Nucleus Institute. The company develops hemp-based alternatives to plastic, wood, metal, and concrete, and has secured a nine-figure supply contract. Co-founders Daniel and Jarrett Webster discovered the breakthrough material accidentally while processing hemp for CBD extraction.
Company Information
Company
Terraphene
About
Terraphene is a Lehi-based material technology company developing hemp-based alternatives to plastic, wood, metal, and concrete. Founded by brothers Daniel and Jarrett Webster, the company emerged from an accidental discovery during CBD extraction work that created a durable, epoxy-like substance. Operating under an "Intel Inside" business model, Terraphene supplies proprietary hemp-based core materials to manufacturers rather than producing finished products. The company has secured a nine-figure supply contract with major pallet manufacturers and aims to expand applications across multiple industries.
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