Earthodic Pty Ltd.

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Earthodic Pty Ltd. - overview

Established

2022

Location

-, -, Australia

Primary Industry

Chemicals

About

Based in Australia, and founded in 2022, Earthodic Pty Ltd. provides coatings i. e. functional biobased coatings.


The company was co-founded by Albert Tietz, Fiona Donaghey, Anthony Musumeci, and Melissa Mail. In June 2023, the firm raised AUD 1. 85 million in Seed funding co-led by investors Investible and Tenacious Ventures, with participation from other investors, Closed Loop Partners, and Twynam Investments. The company offers Paperbarc which is a biobased water-resistant coating that contains USDA-certified biobased content, which is repulpable, recyclable, and compostable at the end of the life cycle.


The firm coating is used for pulped or paper products. The company plans to use the May 2023 funding to grow, scale up its technology, increase its sales and marketing efforts, and expand its intellectual property (IP) portfolio.


Current Investors

Closed Loop Partners, Investible, Twynam Investments

Primary Industry

Chemicals

Sub Industries

Paints & Coatings

Website

www.earthodic.com

Company Stage

Angel & Seed

Total Amount Raised

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