Evanesce Packaging Solutions
Latest round
- Series B
Last raised
- Nov 2021
Total raised
- $8.2M
Investors
- 8
About Evanesce Packaging Solutions
Based in Canada, Evanesce Packaging Solutions Inc.Founded in 2016 in Vancouver, Canada, Evanesce Packaging Solutions Inc. creates plant-based serviceware and food packaging aimed at reducing environmental impact.Evanesce Inc. specializes in the development and manufacturing of 100% compostable, plant-based serviceware and food packaging products designed to replace traditional single-use plastics and polystyrene. Their core offerings include straws, cups, lids, cutlery, and proprietary Evanesce® Molded Starch technology, which utilizes upcycled plant materials. These products are engineered to mimic the look and feel of conventional plastic items while providing a sustainable alternative that decomposes within 90 days.Evanesce generates revenue through direct sales of its compostable serviceware and food packaging products to business clients in the foodservice sector. The company operates on a B2B sales model, partnering with restaurants and food distributors to provide tailored solutions that meet specific operational needs. Transactions typically involve bulk orders, where clients purchase products at competitive prices aligned with their sustainability goals.In November 2021, Evanesce Packaging Solutions Inc. The company plans to enhance its product line with upcoming innovations designed to further reduce environmental impact. Expansion into new geographic regions is also a key focus, with plans targeting increased market presence in Europe and North America by 2025.
Who invested in Evanesce Packaging Solutions
8 investors across 1 round
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Funding rounds
Series B
Nov 3, 2021
Amount
$8.2M
Investors
Questions about Evanesce Packaging Solutions
Who invested in Evanesce Packaging Solutions?
Evanesce Packaging Solutions has 8 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 Evanesce Packaging Solutions raised?
Evanesce Packaging Solutions has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Evanesce Packaging Solutions last raise money?
Evanesce Packaging Solutions's most recent round on record is a Series B, in Nov 2021.
What does Evanesce Packaging Solutions do?
Based in Canada, Evanesce Packaging Solutions Inc.
Where is Evanesce Packaging Solutions headquartered?
Evanesce Packaging Solutions is headquartered in Vancouver, Canada.
Which VCs invest in companies like Evanesce Packaging Solutions?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back environmental services companies at Evanesce Packaging Solutions's stage. Their profiles are linked below.
VCs backing environmental services startups at Series B
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