What is Great Wrap?
Great Wrap operates at the intersection of biotechnology and industrial manufacturing, producing 100% compostable stretch wrap solutions. Its product suite, which includes Hand Pallet Wrap, Machine Pallet Wrap, and consumer-facing Nudie Rolls, serves as a direct replacement for traditional, petroleum-based plastic films. As a B Corp certified entity, the company maintains a rigorous commitment to environmental transparency and social responsibility. By leveraging advanced material science, Great Wrap addresses the urgent global need for sustainable packaging, providing enterprise-level clients with the tools to reduce their carbon footprint without compromising on material durability or operational efficiency.
How much funding has Great Wrap raised?
Great Wrap has raised a total of $39M across 2 funding rounds:
Series A
$34M
Debt
$5M
Series A (2022): $34M with participation from W23, Grill’d Innovation Fund, and Darren Thomas
Debt (2024): $5M led by Platinum Mile, Giant Leap, Aryna Sabalenka, Darren Thomas, RCV Partners, Barrel Ventures, and Startmate
Key Investors in Great Wrap
W23
W23 Labs Ltd is a leading technology company specializing in innovative solutions for various industries, providing software development, data analysis, and consulting services to startups and established corporations.
Barrel Ventures
Barrel Ventures is a seed fund focused on the future of packaging, sustainable ingredients, and supply chain efficiency, supporting early-stage entrepreneurs in the food and material ecosystem.
Startmate
Startmate is a prominent mentor-driven accelerator in Australia and New Zealand that supports ambitious founders through professional development and a vast network of experienced investors.
What's next for Great Wrap?
With the recent injection of capital, Great Wrap is poised to accelerate its manufacturing capabilities and expand its market penetration within the enterprise logistics sector. The strategic focus will likely shift toward optimizing production throughput and deepening its supply chain integration to meet the rising demand for eco-friendly industrial materials. As the company scales, it remains well-positioned to capitalize on tightening global regulations regarding single-use plastics, potentially setting a new standard for sustainable packaging in the Asia-Pacific region and beyond. Future growth will be defined by its ability to maintain cost-competitiveness while scaling its proprietary compostable formulations for high-volume commercial applications.
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