Tech Company Financing Transactions
Earth Brands Funding Round
On 11/2/2023, Earth Brands received $4 million in Series A financing from East Dune Holding, Fort Lawton Capital and private investors.
Transaction Overview
Company Name
Announced On
11/2/2023
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Series A
Investors
Proceeds Purpose
The new injection of capital will be channeled into the development of new home compostable products, the expansion of their domestic manufacturing capacity, and the growth of their team. The boost will enable Earth Brands to "accelerate its mission of making sustainability cool and universal for next-generation consumers," co-founder Misha Medvedev said.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
1114 6th Ave
New York, NY 10110
USA
New York, NY 10110
USA
Phone
Undisclosed
Website
Email Address
Overview
Earth Brands is a next-generation sustainable product company that makes sustainable cups. Misha and Peter, the co-founders of Earth Cups, saw the issue of single-use plastic trash while they were students when they saw thousands of (red) plastic cups lying about their campus. After doing some short research, they quickly discovered how dangerousand common the cheap-looking cups are. As a result, they introduced Earth Cups in April 2021 as a 100% biodegradable and compostable substitute for conventional single-use plastic.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Peter Frelinghuysen
Co-Founder
Misha Medvedev
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