Solutum

Solutum is a Cleantech start-up that develops a unique formula for plastic bags to dissolve in water.

Business Model:

Revenue: $0

Employees: 1-10

Detailed Solutum Information

Geographic Data

Solutum headquarters map

Address:

City: Jerusalem

State: Yerushalayim

Zip:

Country: Israel

Financial Info

Stage:

seed

Raised Last:

$0

Raised Total:

$2M

Metrics

0Website Global Rank

0Website Monthly Traffic

Twitter Followers

Description

Solutum is a Cleantech start-up that develops a unique formula for plastic bags to dissolve in water. The company&s;s team of chemical engineers have developed a unique compound that replaces the plastic with a cost-efficient, strong and eco-friendly solution. Solutum biodegradable products are environmentally friendly. These products aim to replace plastic which is polluting our surroundings, causing devastating harm to nature and our own health. Each year around 350M ton of plastics are being produced around the world. About half of it is single-use products - resulting in mass pollution of the land and sea. The plastic that reaches the sea kills more than 1 million marine animals a year. This plastic also comes back to us in the food and water, causing major health problems. Translated into money - $139 Billion globally is being spent on the overall social and environmental costs of plastic pollution every year. Completely dissolving in water to natural and eco-friendly components, our product is a perfect and cost efficient solution to the plastic pollution.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
11/2018 Grant 1 $39.3k MassChallenge
MassChallenge
2/2020 Seed Round 3 $1.5M JAL Ventures
Rhodium
ZORA Ventures
Daniel Recanati
JAL Ventures
Rhodium
ZORA Ventures
2/2020 Seed Round 1 - Daniel Recanati
Daniel Recanati
2/2020 Seed Round 1 - Daniel Recanati
Daniel Recanati
Announced Date Name Price

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