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Biobased Chemicals

Cruz Foam gets cash for biobased packaging

by Matt Blois
November 13, 2022 | A version of this story appeared in Volume 100, Issue 40
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Cruz Foam has raised $18 million in series A funding to scale up production of its packaging made from natural biopolymers. The starting materials include chitin, a by-product of the seafood industry. Cruz Foam says its first products will be replacements for plastic foams made from expanded polystyrene or expanded polyethylene. The company claims the products are biodegradable and can break down in home compost heaps.

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