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Cruz Foam
About
Cruz Foam is a circular materials company offering certified compostable, protective packaging foam and other solutions
- 11 - 50
Details
- Last Funding Type
- Grant
- Last Funding Money Raised
- $1.70M
- Founded date
- Apr 4, 2017
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Cruz Foam develops structural foams intended to help end the global issue of plastic pollution from oceans. It produces bio-benign foam and eco-friendly EPS-alternative solutions that powers key industry leaders to be the catalyst for a cleaner environment. The company's products are produced from naturally sourced biopolymers that create a scalable, compostable alternative using the existing supply chain and at a similar cost. Current industry partners include consumer electronics, appliances, shipping, and consumer packaged goods. Cruz Foam was founded in 2017 and is headquartered in Santa Cruz, California.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| May 19, 2021 | Seed | $1M | 1 | — | — | Detail |
| Apr 22, 2021 | Grant | $1.70M | 1 |
National Science Foundation
|
— | Detail |
| Nov 25, 2019 | Grant | $225K | 1 |
National Science Foundation
|
— | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
National Science Foundation
|
— | Seed |
