TripleW Ltd.

About:

TripleW upcycles food waste into high-demand, high-value lactic acid, the building block of PLA bioplastics.

Top Investors: Israel Innovation Authority, LG Technology Ventures, Millenium Food-Tech, Firstime Venture Capital, BIRD Foundation

Description:

TripleW upcycles food waste into high-demand, high-value lactic acid, the building block of PLA bioplastics. Lactic acid, currently made from food crops, is used in multiple industries and expected to grow to $16b in the next decade. TripleW's technology will further decarbonize waste on a massive scale, by circulating PLA food and beverage packaging waste back into the process to produce more lactic acid.

Total Funding Amount:

$33.9M

Estimated Revenue Range:

Less than $1M

Headquarters Location:

Netanya, HaMerkaz, Israel

Founded Date:

2015-01-01

Contact Email:

info(AT)triplew.co

Founders:

Amir Oranim, Tal Shapira

Number of Employees:

11-50

Last Funding Date:

2023-03-01

IPO Status:

Private

Industries: