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§ Private Profile · Emporia, KS, USA
develops and manufactures biodegradable, compostable, and marine degradable bioplastic materials for packaging and durable goods.
Green Dot Bioplastics, based in Cottonwood Falls and Emporia, Kansas, develops and manufactures sustainable bioplastic materials designed to be biodegradable, compostable, and marine degradable. The company blends renewable plant-based sources with proprietary technologies to create versatile products such as biocomposites, biodegradables, elastomers, and packaging solutions for manufacturers and brands, including customers like REI and other Fortune 500 companies. Operating with revenue under $5 million and fewer than 25 employees, Green Dot Bioplastics expanded its capabilities by acquiring the bioplastics division assets from MGP Ingredients in 2013, which included manufacturing facilities and the Terratek product lines. CEO Mark Remmert leads the organization, with board members including Christian Zugel, founder of ZAIS Group, and Matthew McKenna of Georgetown Rural Opportunity Initiative. The company launched Terratek Flex, a biodegradable elastomeric rubber, in 2021. Green Dot Bioplastics was founded in 2011 by Mark Mahoney.
Green Dot Bioplastics has raised $6.5M across 1 funding round.
Green Dot Bioplastics has raised $6.5M in total across 1 funding round.
Green Dot Bioplastics has raised $6.5M across 1 funding round. Most recently, it raised $6.5M Series A in February 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 7, 2019 | $6.5M Series A | Duane Cantrell | IIM, Matt Mckenna | Announced |
Green Dot Bioplastics has raised $6.5M in total across 1 funding round.
Green Dot Bioplastics's investors include Duane Cantrell, iiM, Matt McKenna.