
United States · Renewables & environment startup
Cruz Foam is a circular materials technology company based in Santa Cruz, California, founded in 2017 by John Felts and Marco Rolandi.
Funding reportedLast round: Series A
Cruz Foam is a circular materials technology company based in Santa Cruz, California, founded in 2017 by John Felts and Marco Rolandi.
The company focuses on eliminating single-use plastics by developing compostable alternatives to traditional petroleum-based foams. Cruz Foam is known for creating the world's first commercially scaled bio-foam, which is certified compostable under ASTM D6400. The company has raised $25.1 million in funding and was recognized as one of Time Magazine's Best Inventions of 2023. Cruz Foam's proprietary technology utilizes chitin extracted from shrimp and crustacean shells to produce biodegradable foam products. Their offerings include protective packaging solutions for consumer goods, temperature-controlled packaging for cold-chain logistics, and custom foam designs tailored to specific needs. The company emphasizes sustainability, with products that are compostable, biodegradable, and recyclable, making them a viable alternative to conventional foams. Cruz Foam partners with various industries, including consumer-packaged goods, electronics, and the wine and spirits sector, to promote eco-friendly packaging solutions.
Funding, as reported
From Cruz Foam's own website: 1 founder, 1 on the team.
AdvisersMarco RolandiAshton KutcherChuck McBrideDan HutchinsHilary BryantLeonardo DiCaprioLinda KealaMark PriceRey BanataoToby Corey
What they build
Known for
bio-foamconsumerstransportation_logisticsimpact protectiondistributionmanufacturingother plastics product manufacturinginformation technology & servicescircular materialsimpact-resistant packagingcold chain insulationfood waste upcyclingmechanical or industrial engineeringserviceslomi-approvede-commerce
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