Copperprotek SpA

Copperprotek SpA develops innovative biotechnology solutions that extend the shelf life of food products through its proprietary Copperprote® technology, enhancing food safety and quality for manufacturers. Founded in 2015 and headquartered in Santiago, Chile, Copperprotek SpA specializes in biotechnology for the food industry. The company has completed one deal, with its most recent funding round occurring on December 1, 2017, when it raised USD 0. 50 mn from Venturance.

The company operates independently and has not reported any subsidiaries or significant pivots in its business strategy. Copperprotek specializes in the development and application of innovative biotechnology solutions aimed at extending the shelf life of various food products. The core offering is the proprietary Copperprote® technology, which incorporates unique copper microparticles into packaging materials. This technology functions by naturally eliminating microorganisms present in the food, thereby preserving its quality and freshness for longer periods.

The company’s product range includes refrigerated items such as ham, beef, fresh pork, sausages, fresh chicken, and fresh cheese, with shelf-life extensions ranging from 5 days for fresh cheese to 30 days for ham and sausages. Copperprotek primarily serves the food manufacturing sector, focusing on clients who require effective solutions for inventory management and product quality assurance. The company operates in various geographical markets, including Latin America and parts of North America, where food safety and quality are critical to consumers and businesses alike. The revenue model of Copperprotek is structured around B2B transactions with food manufacturers and distributors, who utilize the Copperprote® technology to enhance their packaging solutions.

Clients typically engage in partnerships where they incorporate the technology into their production processes, reducing product returns and enhancing customer satisfaction through improved shelf life. While specific pricing details are not disclosed, transactions are based on volume and contractual agreements that cater to the varying needs of clients in different sectors of the food industry. The company's flagship product, Copperprote®, serves as a pivotal solution for clients looking to mitigate the risks associated with quality degradation due to interruptions in the cold chain. By providing this biotechnology, Copperprotek positions itself as a vital partner in the food supply chain, focused on enhancing product longevity and safety.

Copperprotek plans to utilize the USD 0. 50 mn raised in December 2017 to further develop its Copperprote® technology and expand its product offerings. The company is currently exploring new product developments aimed at improving food preservation techniques, although specific launch dates have not been announced. Furthermore, Copperprotek aims to expand its market presence into new regions, targeting further penetration into North America by the end of 2023.