Eranova
Latest round
- Series A
Last raised
- Nov 2020
Total raised
- $2.5M
Investors
- 3
About Eranova
Founded in 2016 by Philippe Lavoisier (Co-CEO) and Philippe Michon (Co-CEO), and based in France, Eranova is a biotechnology company that produces biodegradable plastics from algae. The firm employs its patented technology that converts green macroalgae, a pollutant found on beaches, into bio-based, recyclable, compostable resins. Eranova transforms green algae into four types of bio-based, low-carbon resins, each suited for different plastic manufacturing and packaging processes: blowing, injection, and thermoforming. These resins include durable plastic, natural plastic, compostable plastic, and biodegradable plastic with various applications such as meal trays and trash bags to compostable fruit and vegetable bags and durable reusable packaging.
Who invested in Eranova
3 investors across 1 round
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Funding rounds
Series A
Nov 23, 2020
Amount
$2.5M
Investors
Questions about Eranova
Who invested in Eranova?
Eranova 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 Eranova raised?
Eranova has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Eranova last raise money?
Eranova's most recent round on record is a Series A, in Nov 2020.
What does Eranova do?
Founded in 2016 by Philippe Lavoisier (Co-CEO) and Philippe Michon (Co-CEO), and based in France, Eranova is a biotechnology company that produces biodegradable plastics from algae.
Where is Eranova headquartered?
Eranova is headquartered in France.
Which VCs invest in companies like Eranova?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back biopolymers companies at Eranova's stage. Their profiles are linked below.
VCs backing biopolymers startups at Series A
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