Solutum Technologies Ltd.

Eliminating Single Use Plastic Waste. For Good!

General Information
Company Name
Solutum Technologies Ltd.
Founded Year
2017
Location (Offices)
Israel +1
Founders / Decision Makers
Number of Employees
25
Industries
ESG
Funding Stage
Seed
Social Media

Solutum Technologies Ltd. - Company Profile

Solutum Technologies Ltd. is an innovative Cleantech company that is committed to tackling the issue of plastic pollution with its slogan "Eliminating Single Use Plastic Waste. For Good!" The company, founded in 2017 and headquartered in Israel, has recently secured a $1.50M Seed Round investment on 05 February 2020. This investment round was backed by prominent investors including Rhodium, JAL Ventures, ZORA Ventures, and Daniel Recanati. Solutum's mission revolves around providing sustainable alternatives to single-use plastic by developing a patented compound capable of creating a range of flexible packaging with the most versatile end-of-life on the market. The company's biodegradable film boasts superior mechanical properties, higher tensile strength, and superior impact resistance. Additionally, it is designed to break down through a predetermined and controlled dissolution process. A key aspect of Solutum's value proposition is the seamless supply chain integration it offers, as its materials can be manufactured on existing industry machinery without necessitating CAPEX. In conclusion, Solutum Technologies Ltd. stands out as a promising player in the Cleantech industry, focusing on creating innovative solutions to combat plastic pollution. The recent Seed Round investment underscores the confidence of notable investors in the company's mission and technological advancements. With its sustainable approach to addressing a pressing global issue, Solutum is well-positioned to make a significant impact in the fight against single-use plastic waste.

Taxonomy: Cleantech, Plastic Pollution, Sustainable Packaging, Biodegradable Film, Mechanical Properties, Supply Chain Integration

Funding Rounds & Investors of Solutum Technologies Ltd. (2)

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Funding Stage Amount No. Investors Investors Date
Seed Round $1.50M 4 Daniel Recanati 05 Feb 2020
Grant ILS145.00K 1 06 Nov 2018

Latest News of Solutum Technologies Ltd.

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