Cruz Foam, Inc.

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Cruz Foam, Inc. - overview

Established

2017

Location

Santa Cruz, CA, US

Primary Industry

Renewable Energy

About

Cruz Foam, Inc. develops sustainable packaging solutions, focusing on eco-friendly foam alternatives that reduce environmental impact while providing efficient protection for shipped goods. Cruz Foam, Inc. was founded in 2017 in Santa Cruz, US.


The company specializes in biodegradable foam packaging, with a focus on sustainability in the shipping industry. Marco Rolandi founded the company, and it has engaged in 7 deals to date. In September 2022, Cruz Foam secured USD 23. 59 mn in Series A funding, led by Helena Capital, with participation from At One Ventures, One Small Planet, Regeneration.


vc, and Sound Ventures. The company has raised a total of USD 23. 59 mn to date and holds a current valuation of USD 79. 33 mn.


Cruz Foam specializes in sustainable foam packaging solutions that protect shipped items while minimizing environmental impact. Their core product, Cruz Foam™, is a biodegradable packaging material that disintegrates after use, preserving the ecological balance. Lomi-Approved for composting, it is marketed to a diverse clientele, including e-commerce platforms and logistics companies focused on sustainability, primarily in North America and Europe. Cruz Foam generates revenue through direct B2B transactions with retailers and distributors focused on sustainable practices.


The company offers its flagship product, Cruz Foam™, as part of tailored packaging solutions for bulk orders that integrate easily into clients’ operations, catering to various market segments with adaptable pricing models. In September 2022, Cruz Foam raised USD 23. 59 mn in Series A funding to enhance and increase production capabilities. The company aims to expand its product range and is targeting new geographic markets, specifically in regions with stringent environmental regulations.


This funding will support the rollout of their upcoming products and facilitate further market penetration.


Current Investors

CP Ventures, The National Science Foundation, Sony Innovation Fund

Primary Industry

Renewable Energy

Sub Industries

Renewable Energy

Website

www.cruzfoam.com

Verticals

Manufacturing

Company Stage

Series A

Total Amount Raised

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