Latest round

Seed

Last raised

Oct 2023

Total raised

$6.6M

Investors

3

About Cove

Based in California, US, and founded in 2018 by CEO Alex Totterman, Cove develops and provides sustainable biomaterials and packaging solutions for a wide range of applications. The company offers a range of high-performance materials and packaging solutions, characterized by their sustainability, aesthetic appeal, and functionality. These solutions have applications across various industries, and Cove's product lineup includes biodegradable bottles (COVRX), films (COVB01), bags and pouches (COVF01), containers (COVP01), closures (COVC01), thermoformed cups (COVCC), and bespoke packaging options (COVBX). The company leverages proprietary AI-powered development tools, a scalable manufacturing network, advanced sustainable packaging design, and a state-of-the-art materials characterization lab to deliver high-performance biomaterials that can replace conventional plastics. Biomaterials offer all the advantages of plastics without the environmental drawbacks, such as petroleum dependency and microplastic pollution. Cove's materials are naturally occurring, low in carbon footprint, and free from harmful chemicals during manufacturing.

Who invested in Cove

3 investors across 1 round

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Funding rounds

  1. Seed

    Oct 4, 2023

    Amount

    $6.6M

    Investors

    Locked

Questions about Cove

Who invested in Cove?

Cove has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Cove raised?

Cove has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Cove last raise money?

Cove's most recent round on record is a Seed, in Oct 2023.

What does Cove do?

Based in California, US, and founded in 2018 by CEO Alex Totterman, Cove develops and provides sustainable biomaterials and packaging solutions for a wide range of applications.

Where is Cove headquartered?

Cove is headquartered in Los Angeles, US.

Which VCs invest in companies like Cove?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back packaging companies at Cove's stage. Their profiles are linked below.

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