Tech Company Financing Transactions
Cruz Foam Funding Round
On 10/28/2022, Cruz Foam received $18 million in Series A financing from Helena, At One Ventures and One Small Planet.
Transaction Overview
Company Name
Announced On
10/28/2022
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate and scale the commercialization of its circular materials to respond to the market demand.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
2851 Mission St
Santa Cruz, CA 95060
USA
Santa Cruz, CA 95060
USA
Phone
Undisclosed
Website
Email Address
Overview
At Cruz Foam we are replacing single-use plastic with solutions made from natural materials that would otherwise go to waste. Our products are made from earth digestible materials like chitin, a waste product from the seafood industry and the second most abundant biopolymer on earth. By harnessing the diversity that is found in nature, we are creating ocean-friendly, high-performance packaging that breaks down in weeks, not years.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Felts
Chief Marketing Officer
Leslie Nakajima
Chief Operating Officer
Toby Corey
Chief Scientific Officer
Marco Rolandi
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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