How Much Did erthos Raise?
Funding & Key Investors

erthos, a biomaterials startup focused on plant-powered alternatives to traditional plastics, has secured significant enterprise-level funding, with its total capital raised standing at $6.5M. The company recently announced a major strategic investment of $6.5M, underscoring its growth trajectory and market potential in the sustainable materials sector.

What is erthos?

erthos
ManufacturingChemicals & Related ProductsPlastic, Packaging & Containers

erthos is an award-winning startup dedicated to revolutionizing the materials industry by providing plant-based alternatives to conventional plastic inputs like polypropylene. Their innovative materials are designed for 100% compatibility with existing plastic manufacturing systems, offering a sustainably sourced and compostable solution at the end of their lifecycle. This allows for the seamless transformation of everyday products, including packaging, personal care containers, and tableware, into planet-positive alternatives.

How much funding has erthos raised?

erthos has raised a total of $6.5M across 1 funding round:

2023

Series A

$6.5M

Series A (2023): $6.5M with participation from The51 Ventures, BDC Capital Management, and Horizons Ventures

Key Investors in erthos

The51 Ventures

The51 Ventures is a Canadian-based wealth creation platform focused on investing in talented female entrepreneurs and venture funds that invest in women, aiming to create a new critical mass of female investors.

BDC Capital Management

BDC Capital Management is an investment advisory firm specializing in financial planning and values-based investing, aligning clients' financial strategies with their personal beliefs through a Biblically Responsible Investing approach.

Horizons Ventures

Horizons Ventures invests in deep science and technology aimed at advancing humanity, supporting innovative projects with the potential for transformative changes in science and technology sectors.

What's next for erthos?

The recent major strategic investment in erthos signals a pivotal moment for the company, likely enabling accelerated scaling of production, further research and development into novel biomaterials, and expansion into new markets. This capital infusion is expected to bolster erthos's mission to displace traditional plastics with sustainable, compostable alternatives, positioning the company for significant impact in the global push for eco-friendly materials. The company's focus on compatibility with existing manufacturing infrastructure suggests a strategy aimed at rapid adoption and widespread market penetration.

See full erthos company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

ManufacturingPhotographic & Optical EquipmentEcommerce PlatformsRetail
Food & BeverageManufacturingGrocery RetailRetail
Industrial Machinery & EquipmentManufacturingRetailOther Rental Stores (Furniture, A/V, Construction & Industrial Equipment)
ManufacturingSporting GoodsAerospace & Defense

Frequently Asked Questions Regarding erthos Financial Insights

What are the most recent funding rounds that erthos has completed, and what were the funding rounds?
erthos has recently completed 1 funding rounds: Series A on Sep 29, 2023.
What is the total amount of funding erthos has raised to date?
erthos has raised a total of $6.5M in funding to date.
How many funding rounds has erthos completed?
erthos has completed 1 funding rounds.
How much funding did erthos raise in its most recent funding round?
erthos raised $6.5M in its most recent funding round.
Who are the lead investors in erthos's latest funding round?
The lead investor in erthos's latest funding round was The51 Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in erthos's history?
The largest funding round in erthos's history was $6.5M.
See more information about erthos