LOLIWARE Inc. is a pioneering seaweed resin company aiming to revolutionize the use of single-use plastics. Partnering with experts in regenerative aquaculture from Maine to New Zealand, the woman-owned firm utilizes its proprietary SEA Technology® resins to expand the ‘blue economy’. Utilizing easily compostable seaweed, Loliware’s Ocean Blue straws, utensils, and other products have already gained popularity among renowned chefs, restaurant chains, and eco-chic hotels. Founded in 2015 and headquartered in the United States, Loliware is at the forefront of introducing a new category of materials that are “Designed to Disappear”, propelling the world towards a plastic-free, decarbonized future.
The latest boost to Loliware came in the form of a Convertible Note investment on 24 February 2023, with Tech Square Ventures as the investing party. With a focus on Biotechnology, Manufacturing, and Sustainability, Loliware embodies the potential to transform the environmental impact of consumer products and pave the way for a more sustainable future.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Convertible Note | Unknown | 1 | 24 Feb 2023 | |
Seed Round | $6.00M | 10 | Ryland Engelhart, John Roulac +3 | 14 Feb 2023 |
Seed Round | $1.70M | 2 | 02 Dec 2021 | |
Seed Round | $6.00M | 2 | New York Ventures | 30 Apr 2019 |
Seed Round | Unknown | 1 | New York Ventures | 30 Apr 2018 |
No recent news or press coverage available for LOLIWARE Inc..