Solutum Technologies Ltd. logo — Eliminating Single Use Plastic Waste. For Good!

Solutum Technologies Ltd.

Eliminating Single Use Plastic Waste. For Good!

Founded 2017 Israel Israel 25 employees Seed Total: $1.65M ESG

General Information

Company Name Solutum Technologies Ltd.
Founded Year 2017
Location Israel Israel +1
Employees 25
Industries ESG
Funding Stage Seed
Social

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About Solutum Technologies Ltd.

Solutum Technologies Ltd. is an innovative Cleantech company that is committed to tackling the issue of plastic pollution with its slogan "Eliminating Single Use Plastic Waste. For Good!" The company, founded in 2017 and headquartered in Israel, has recently secured a $1.50M Seed Round investment on 05 February 2020. This investment round was backed by prominent investors including Rhodium, JAL Ventures, ZORA Ventures, and Daniel Recanati. Solutum's mission revolves around providing sustainable alternatives to single-use plastic by developing a patented compound capable of creating a range of flexible packaging with the most versatile end-of-life on the market. The company's biodegradable film boasts superior mechanical properties, higher tensile strength, and superior impact resistance. Additionally, it is designed to break down through a predetermined and controlled dissolution process. A key aspect of Solutum's value proposition is the seamless supply chain integration it offers, as its materials can be manufactured on existing industry machinery without necessitating CAPEX. In conclusion, Solutum Technologies Ltd. stands out as a promising player in the Cleantech industry, focusing on creating innovative solutions to combat plastic pollution. The recent Seed Round investment underscores the confidence of notable investors in the company's mission and technological advancements. With its sustainable approach to addressing a pressing global issue, Solutum is well-positioned to make a significant impact in the fight against single-use plastic waste.

Taxonomy: Cleantech, Plastic Pollution, Sustainable Packaging, Biodegradable Film, Mechanical Properties, Supply Chain Integration

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $1.50M 4 Daniel Recanati 05 Feb 2020
Grant ILS145.00K 1 06 Nov 2018

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FAQ About Solutum Technologies Ltd.

Eliminating Single Use Plastic Waste. For Good!
Solutum Technologies Ltd. was founded in 2017.
Solutum Technologies Ltd. is headquartered in Israel.
Solutum Technologies Ltd. operates in the following industries: ESG.
Solutum Technologies Ltd. has approximately 25 employees.
Solutum Technologies Ltd. has completed 2 funding rounds, raising a total of $1.65M. The latest funding stage is Seed.
Top alternatives and competitors to Solutum Technologies Ltd. include Sturgis Molded Products, Nfinite Nanotech, Superior Plastic Inc., Supercool Metals, Superior Tooling, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Solutum Technologies Ltd. and Sturgis Molded Products are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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