rPlanet Earth
Good things come in rPackaging
Good things come in rPackaging
rPlanet Earth is a sustainable packaging startup with the slogan "Good things come in rPackaging." Founded in 2015, the company's mission is to revolutionize the packaging industry by creating high-quality products from post-consumer recycled PET, while minimizing carbon footprint. Their 300,000-sq.-ft. facility in the United States is a first-of-its-kind vertically integrated recycling-to-packaging plant, handling bales of post-consumer PET plastics to transform them into premium packaging. This innovative approach allows rPlanet Earth to produce products with 22% fewer GHG emissions than conventional recycled PET and 60% fewer than conventional virgin PET.
The company secured a $3.00M grant investment on 12 October 2018 from California's Department of Resources Recycling and Recovery. rPlanet Earth's commitment to sustainability and innovative packaging solutions demonstrates its potential to make a significant impact in the manufacturing and retail industries. With a clear vision of achieving zero plastic waste, rPlanet Earth invites individuals and businesses to join them in shaping a world with zero plastic waste on our planet earth. Visit their website to learn more about their initiatives and solutions.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Grant | $3.00M | 1 | California's Department of Resources Recycling and Recovery | 12 Oct 2018 |
| Venture Round | $1.50M | 1 | Closed Loop Fund | 12 Oct 2018 |
| Debt Financing | $4.00M | 1 | California's Department of Resources Recycling and Recovery | 12 Oct 2018 |
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