Manila, Philippines
Fortuna Cools, founded in 2018 and headquartered in the Philippines, has positioned itself as a pioneer in the Design, Manufacturing, and Sustainability industries. With the slogan, "Insulation made from agricultural waste in the Philippines. Coconuts keep it cooler!", the company is redefining the market with its innovative use of biodegraded coconut farm waste to produce durable and eco-friendly insulation products.
Their products not only replace conventional plastic foam with all-natural solutions, but also offer foldable coolers under Nutshell brand and cold packaging solutions aimed at food and beverage suppliers in emerging markets. By transforming waste into valuable materials, they create additional income streams for local farmers while reducing CO2 emissions.
In its latest financing activity, Fortuna Cools raised a Seed Round on May 25, 2021, attracting investments from notable entities like Manila Angel Investors Network, She1K, Katapult Ocean, ADB Ventures, Nardo Holdings, and Pasudeco Development.
