Loading organizations...
Solutum Technologies develops advanced sustainable materials as a viable alternative to single-use plastics. Its proprietary technology features a groundbreaking end-of-life approach, ensuring products fully biodegrade in soil and water, are recyclable, and industrially compostable. This material leaves no micro-plastics or toxic residues, addressing environmental concerns linked to traditional plastic waste.
Founded in October 2017 by Sharon Barak, President and CEO, Solutum addresses environmental damage from flexible plastic packaging. Barak's insight focused on creating new materials delivering both sustainability and practical performance, challenging conventional plastic reliance. Her leadership guides the company’s development of solutions integrating with existing waste management infrastructures.
Solutum's materials are adopted by diverse companies seeking environmentally responsible packaging. The company envisions a future free from plastic waste, providing sustainable alternatives that perform economically without compromising ecological integrity. Its long-term vision centers on widespread adoption of biodegradable materials to foster a cleaner planet, alleviating persistent plastic pollution.
Solutum has raised $2.0M across 1 funding round.
Solutum has raised $2.0M in total across 1 funding round.
Solutum Technologies Ltd. is a cleantech company developing sustainable alternatives to single-use plastics, focusing on a patented biodegradable compound for flexible packaging that fully dissolves in water, biodegrades into eco-friendly components, and integrates with existing recycling systems.[1][2][3] Founded in 2017 and based in Tel Aviv, Israel, it targets sectors like food, fashion, and packaging to combat plastic pollution, having raised $100K while achieving certifications (e.g., TV OK) and partnerships with entities like Interseroh, CEFLEX, and pester pac automation.[1][2] The product solves the end-of-life problem of single-use plastics by enabling disposal in water, soil, or recycling without infrastructure changes, contributing to six UN Sustainable Development Goals including reducing ocean pollution and microplastics.[2][3]
Solutum was founded in 2017 in Tel Aviv, Israel, by Sharon Barak, who serves as Founder and President.[1][3] Barak's vision emerged from recognizing the urgent need for viable single-use plastic alternatives that maintain performance and economics while addressing environmental harms like microplastic leakage into food chains and oceans.[3] Early traction includes filing two patents in polymer chemistry and copolymers, entering incubator/accelerator stages, and securing partnerships such as with pester pac automation in September 2024 for environmentally friendly packaging processing.[1][2]
Solutum rides the global wave of cleantech innovation driven by regulatory pressures (e.g., EU single-use plastic bans) and consumer demand for circular economy solutions amid rising plastic waste—8 million tons enter oceans annually.[1][3] Its timing aligns with market forces favoring drop-in replacements over disruptive infrastructure shifts, positioning it against competitors like TIPA (flexible packaging, $123M raised) and Xampla (plant-based films).[1] By enabling brands to adopt sustainable materials without supply chain overhauls, Solutum influences the ecosystem, accelerating flexible packaging's shift to biodegradables and supporting net-zero goals in packaging-heavy industries.[2][3]
Solutum's water-soluble, recyclable tech positions it for expansion amid tightening plastic regulations and corporate sustainability mandates, potentially scaling via U.S. manufacturing partnerships like peers TIPA.[1][2] Upcoming trends—AI-optimized material design and global SDG-aligned investments—could boost growth, with partnerships signaling commercialization momentum.[2][3] As adoption grows, Solutum may evolve from niche cleantech player to key enabler in a plastic-free packaging future, mitigating pollution while preserving economic viability—echoing its founding mission to eliminate waste for good.[3]
Solutum has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in February 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2020 | $2M Seed | — | Bessemer Venture Partners, Blumberg Capital, Earth And Beyond Ventures, Hanaco Ventures, Mouro Capital, MS&AD Ventures, Tamar Technology Ventures, TAU Ventures, Team8, Daniel Shinar, Oliver Jung, Yuval Shahar | Announced |
Solutum has raised $2.0M in total across 1 funding round.
Solutum's investors include Bessemer Venture Partners, Blumberg Capital, Earth and beyond ventures, Hanaco Ventures, Mouro Capital, MS&AD Ventures, Tamar Technology Ventures, Tau Ventures, Team8, Daniel Shinar, Oliver Jung, Yuval Shahar.
