Collateral Good Ventures Invests in PulPac
Collateral Good Ventures, an Article 9 venture capital impact fund dedicated to investing in environmentally and socially responsible companies, has announced a new investment in PulPac.
Collateral Good Ventures, an Article 9 venture capital impact fund dedicated to investing in environmentally and socially responsible companies, has announced a new investment in PulPac. This Swedish company has developed a groundbreaking technology for sustainable packaging.
PulPac’s Dry Molded Fiber technology offers a cost-competitive, sustainable packaging solution that helps companies transition towards circularity. By spearheading the industry with this innovative approach, PulPac is meeting both market and environmental needs and building a global partner network to make Dry Molded Fiber the new standard in molded fiber manufacturing.
“PulPac’s innovative approach to sustainable packaging has the potential to make a significant impact on the environment”
— Michael Kleindl, Managing Partner at Collateral Good Ventures
“We are thrilled to invest in PulPac, a company at the forefront of sustainable packaging solutions,” said Michael Kleindl, Managing Partner at Collateral Good Ventures. “Their Dry Molded Fiber technology offers a cost-effective, environmentally-friendly alternative to traditional plastic packaging. We believe that PulPac’s innovative approach to sustainable packaging has the potential to make a significant impact on the environment, and we are proud to support their mission.”
With Collateral Good Ventures’ investment, PulPac plans to scale up its operations and expand its reach. Deploying hundreds of production lines with partners, they aim to substitute millions of tons of plastic with circular fiber solutions. PulPac and Collateral Good are committed to promoting a more circular economy and aim to quickly make Dry Molded Fiber into a global standard in packaging.
“We are excited to have Collateral Good Ventures on board as a partner and investor,” said Linus Larsson Green, CEO of PulPac. “Their commitment to environmental and social responsibility aligns with our own values, and we look forward to working together to promote sustainability and positively impact the environment.”
PulPac provides the packaging industry with a groundbreaking manufacturing technology for the making of economical, high-performance fiber-based packaging and single-use products. By pioneering the technology of cellulose molding, PulPac enables its customers to replace single-use plastics with sustainable and cost-competitive natural fiber alternatives globally. For additional information about PulPac, please visit www.pulpac.com or follow us on social media.
About Dry Molded Fiber
A brilliantly simple solution for packaging producers to meet the market’s and planet’s needs for responsibly produced packaging. Dry Molded Fiber enables a swift transition towards circularity, with a cost-competitive, fiber-based alternative. Turns ordinary pulp into any rigid, three dimensional product, using almost no water. And it’s fast!
About Collateral Good Ventures
Collateral Good Ventures is a climate first venture capital platform based in Zurich, Switzerland that aims to transform polluting industry systems to more sustainable ones. “Doing collateral good” in supporting extraordinary world class entrepreneurs, innovation and technology with capital is at the center of the firm’s mission as we believe these are crucial cornerstones on our journey to a sustainable future. For more information, please visit www.collateralgoodventures.com