Mi Terro® is a venture-backed advanced material company with a mission to engineer agricultural waste into high-quality, low-cost, and scalable biomaterials to combat microplastics. Their patented technologies, USDA Bio-based Certification, and use of biopolymers showcase a pioneering approach in this field. By utilizing agricultural side streams and certified biomasses, they ensure that their materials do not compete with food production and contribute to preventing land-use change. With superior mechanical properties, higher tensile strength, and up to 80% lower CO2 emissions compared to conventional (bio)plastics, Mi Terro's biomaterials offer a sustainable solution. The company has received seed investment on 30 May 2023 and is backed by industry giants such as Unilever, AB InBev, SPB, and Lipton, indicating a strong vote of confidence in their innovative approach.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed | Unknown | - | 30 May 2023 | |
Seed | Unknown | - | 02 Mar 2022 | |
Non-equity Assistance | Unknown | - | 05 Nov 2021 | |
Non-equity Assistance | Unknown | - | 01 Jun 2021 | |
Grant | Unknown | - | 29 Jan 2021 |
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