Vericool, a Livermore, Calif.-based startup that’s replacing plastic cools and carton with plant-based commodities, has raised $19.1 million in a brand-new round of financing.
The company’s stated point is to replace traditional packaging materials like polystyrene with plant-based insulating packaging materials.
Its technology squanders 100% recycled paper fibers and other plant-based textiles, according to the company, and are curbside recyclable and compostable.
“We’re pleased to support Vericool because of the company’s track record of innovation, high-performance produces, well-established patent portfolio and are concentrated on environmental resilience. We are inspired by the company’s social justice commitment to address recidivism and ply workplace opportunity to formerly incarcerated mortals, ” said Dan Skaff, succeeding collaborator of Radicle Impact Marriage and Vericool’s new lead-in superintendent.
Read more: feedproxy.google.com