Zume Inc. is an innovative startup dedicated to tackling the global plastic waste crisis. The company’s slogan "Zume is actively reducing the world’s plastic waste with economically viable substitutes for plastic packaging" reflects their commitment to sustainability. Founded in 2018 and based in the United States, Zume aims to address the environmental impact of plastic pollution, which costs $13 billion in economic damage annually. With projections indicating a potential tripling of plastic flow into the ocean by 2040 and the prediction that there will be more plastic than fish in the ocean by 2050, Zume is driven by the vision of a world without single-use plastics. The company has developed advanced molded fiber manufacturing equipment and patented technology to provide global food brands with sustainable alternatives to single-use plastic packaging. Zume offers a comprehensive solution with its single tech stack, encompassing hardware, software, and services, making it convenient and feasible for brands to transition from plastic to sustainable packaging. As of 24 October 2019, Zume secured a Venture - Series Unknown investment, signaling growing interest and support for their innovative approach to reducing plastic waste. Zume's dedication to environmental responsibility and their innovative solutions position them as a promising player in the Food Delivery, Food and Beverage, and Manufacturing sectors.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture - Series Unknown | Unknown | - | 24 Oct 2019 | |
Private Equity | Unknown | - | 02 Nov 2018 | |
Series B | Unknown | - | 06 Oct 2017 | |
Convertible Note | Unknown | - | 20 Sep 2016 | |
Series A | Unknown | - | 01 Jul 2016 |
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