LOLIWARE Inc., founded in 2015, is pioneering the future of sustainability with its innovative approach in the Biotechnology, Manufacturing, and Sustainability sectors. As the world's first seaweed resin company, LOLIWARE is dedicated to replacing single-use plastics through its unique SEA Technology®. This strategy aligns with its mission to create a plastic-free and decarbonized future.
The company is headquartered in the United States and is notable for being woman-owned. By collaborating with regenerative aquaculture experts from countries like Maine to New Zealand, LOLIWARE is also contributing significantly to the blue economy. Their products, including compostable Ocean Blue straws and utensils, have quickly gained popularity among top chefs, restaurant chains, and eco-conscious hotels, living up to their innovative slogan: "Advancing a Plastic-Free Future with Seaweed-Based Technologies."
In its latest financial milestone, LOLIWARE received a Convertible Note investment on 24 February 2023, with investments from Tech Square Ventures. This funding highlights investor confidence in its scalable and sustainable model, positioning the company favorably for future growth in the global sustainability market.