Fortuna Cools
Latest round
- Seed
Last raised
- May 2021
Total raised
- Undisclosed
Investors
- 6
About Fortuna Cools
Founded in 2017 in Manila, Philippines, Fortuna Cools specializes in creating eco-friendly insulated packaging. The company was established by David Cutler and Tamara Mekler.Fortuna Cools specializes in providing innovative insulated packaging solutions that utilize agricultural waste, specifically coconut husks, to create eco-friendly alternatives to traditional plastic foam products. Their primary product offerings include insulated packaging designed for cold-chain applications, such as shipping seafood, dairy products, and pharmaceuticals, as well as providing solutions for fresh produce deliveries. Fortuna's products excel in durability and insulative properties, outperforming conventional Styrofoam boxes while remaining competitively priced.Fortuna Cools operates through a B2B model, establishing partnerships with small-scale farmers, cooperatives, and businesses in the cold-chain sector. Revenue generation occurs through direct sales of their insulated packaging products, customized to meet the needs of clients across various industries. The company's pricing structure provides an economical alternative to traditional packaging. The funds will be utilized to expand sales and engineering teams, as well as to increase production volumes to lower unit costs, thereby benefiting more farmers. The company plans to introduce new product lines and expand into international markets, focusing on regions with significant demand for sustainable packaging solutions.
Who invested in Fortuna Cools
6 investors across 1 round
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Funding rounds
Seed
May 25, 2021
Amount
Undisclosed
Investors
Questions about Fortuna Cools
Who invested in Fortuna Cools?
Fortuna Cools has 6 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 Fortuna Cools raised?
Fortuna Cools has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Fortuna Cools last raise money?
Fortuna Cools's most recent round on record is a Seed, in May 2021.
What does Fortuna Cools do?
Founded in 2017 in Manila, Philippines, Fortuna Cools specializes in creating eco-friendly insulated packaging.
Where is Fortuna Cools headquartered?
Fortuna Cools is headquartered in Manila, Philippines.
Which VCs invest in companies like Fortuna Cools?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back environmental services companies at Fortuna Cools's stage. Their profiles are linked below.
VCs backing environmental services startups at Seed
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