Green Dot Bioplastics
Latest round
- Series A
Last raised
- Feb 2019
Total raised
- $6.5M
Investors
- 3
About Green Dot Bioplastics
Founded in 2011 in Emporia, US, Green Dot Bioplastics LLC produces bioplastics that offer compostable solutions.Green Dot Bioplastics specializes in producing a diverse range of bioplastic materials designed to address the increasing demand for sustainable alternatives to traditional plastics. The company's core offerings include the Terratek® BD line of rigid compostable materials, created from proprietary starch-based blends, and the Terratek® FX line of compostable elastomers that combine strength and flexibility with an appealing soft touch. Additionally, Green Dot produces Terratek® WC/SC biocomposite materials, made from renewable sources like wood, starch, or hemp, catering to eco-friendly product designs. Their bioplastics serve various end users, including manufacturers in the food packaging sector and companies focused on sustainability initiatives, enhancing compostability and reducing reliance on virgin plastics.Green Dot Bioplastics generates revenue through B2B transactions, providing its bioplastic products directly to manufacturers and brands involved in sustainable packaging and product design. The company's revenue model typically involves bulk sales, where clients purchase quantities of Terratek® materials for integration into their own product lines. Pricing structures vary based on the specific materials and formulations chosen, with particular emphasis on flagship offerings like Terratek® BD and Terratek® FX. Clients are often engaged in long-term partnerships, reflecting a commitment to sustainable practices and the use of bioplastics in commercial applications. The company is focusing on expanding its Terratek® product lines with new formulations aimed at increasing performance and applications in various sectors. Additionally, plans are underway to enter new markets in Asia by 2025, capitalizing on the rising demand for sustainable materials. This strategic expansion aims to increase product availability and support global sustainability initiatives.
Who invested in Green Dot Bioplastics
3 investors across 1 round
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Funding rounds
Series A
Feb 6, 2019
Amount
$6.5M
Investors
Questions about Green Dot Bioplastics
Who invested in Green Dot Bioplastics?
Green Dot Bioplastics 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 Green Dot Bioplastics raised?
Green Dot Bioplastics has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Green Dot Bioplastics last raise money?
Green Dot Bioplastics's most recent round on record is a Series A, in Feb 2019.
What does Green Dot Bioplastics do?
Founded in 2011 in Emporia, US, Green Dot Bioplastics LLC produces bioplastics that offer compostable solutions.
Where is Green Dot Bioplastics headquartered?
Green Dot Bioplastics is headquartered in Emporia, US.
Which VCs invest in companies like Green Dot Bioplastics?
Among active investors with capital left to deploy, S2G Ventures, CAVU Consumer Partners, Gaingels and Alumni Ventures Group back materials companies at Green Dot Bioplastics's stage. Their profiles are linked below.
VCs backing materials startups at Series A
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