Tech Company Financing Transactions
Loliware Funding Round
Loliware, operating out of Beacon, raised $5.9 million from CityRock, Closed Loop Fund and For Good VC.
Transaction Overview
Company Name
Announced On
1/17/2020
Transaction Type
Venture Equity
Amount
$5,900,000
Round
Seed
Investors
Proceeds Purpose
The money will be used for scaling and further R&D; Loliware plans to launch several new straw types (like a bent straw for juice boxes), a cup and a new utensil.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
36 Mason Cir.
Beacon, NY 12508
USA
Beacon, NY 12508
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
LOLIWARE is the world's first edible bioplastics company dedicated to replacing plastic with hypercompostable, edible materials derived from seaweed. With the launch of LOLIWARE'S new innovation: LOLISTRAW, the world's first hypercompostable, edible drinking straw.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chelsea Briganti
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