What is EcoScraps?
Established in 2010, EcoScraps has carved a niche in the organic lawn and garden products manufacturing industry by ingeniously recycling food waste into nutrient-rich, environmentally friendly products. This innovative approach not only promotes healthier plant growth but also addresses food waste challenges. The company's commitment to sustainability and product efficacy has been recognized through several accolades, including the 2010 Sparkseed Innovator honor and being named a 2010 SOCAP Scholar. EcoScraps was also identified as one of the Top 25 Most Promising Social Ventures in America by Businessweek, highlighting its impact and potential.
How much funding has EcoScraps raised?
EcoScraps has raised a total of $11.7M across 5 funding rounds:
Private Equity
$959K
Debt
$2.6M
Debt
$1.2M
Private Equity
$6.6M
Private Equity
$315K
Private Equity (2012): $959K, investors not publicly disclosed
Debt (2013): $2.6M, investors not publicly disclosed
Debt (2013): $1.2M supported by Peterson Partners and DBL Partners
Private Equity (2014): $6.6M featuring DBL Partners and Kickstart Seed Fund
Private Equity (2014): $315K backed by DBL Partners and Peterson Partners
Key Investors in EcoScraps
DBL Partners
DBL Partners is a venture capital firm focused on generating a dual return by adhering to a strict investment discipline and leveraging public sector resources for portfolio companies and regional development. They emphasize investments in Clean Tech, Information Technology, Sustainability-Oriented Products and Services, and Healthcare, aiming for both financial returns and positive community impact.
Peterson Partners
Peterson Partners is an independent investment management firm based in Salt Lake City, Utah, offering private equity and venture capital funds. Their investment focus spans healthcare, software, business services, retail, financial services, and consumer products industries.
Kickstart Seed Fund
Kickstart Fund is a venture capital firm based in Salt Lake City and Denver that specializes in pre-seed and seed funding for startups in the Mountain West region. They actively invest in B2B SaaS, fintech, healthtech, and consumer products, providing capital and resources to early-stage companies.
What's next for EcoScraps?
The recent major strategic investment signifies a pivotal moment for EcoScraps, positioning it for accelerated scaling and market penetration. With a history of securing substantial capital, including private equity and debt financing, the company is well-equipped to enhance its production capabilities and expand its distribution networks. This latest backing is likely to support further research and development into advanced recycling technologies and the creation of new sustainable product lines, reinforcing EcoScraps's leadership in the green consumer goods market.
See full EcoScraps company page
