What is 3plw?
TripleW, operating as 3plw, is at the forefront of the biobased materials industry, specializing in the transformation of food waste into valuable products. Their flagship product, Circulac, is a lactic acid derived from upcycled waste streams, offering a sustainable alternative to traditional fossil-fuel-based plastics. The company's innovative closed-loop technology not only addresses critical waste management challenges and reduces carbon emissions but also champions the principles of a circular economy. By valorizing waste materials, TripleW targets key consumer goods industries, including home care, personal care, and food and beverage, providing eco-friendly solutions.
How much funding has 3plw raised?
3plw has raised a total of $16.5M across 1 funding round:
Series B
$16.5M
Series B (2023): $16.5M, investors not publicly disclosed
What's next for 3plw?
With a major enterprise-level funding context and a recent strategic investment, 3plw is poised for significant scaling and market expansion. The substantial capital infusion is expected to accelerate the development and commercialization of their biobased materials, particularly Circulac. This strategic backing will likely enable 3plw to enhance its production capabilities, broaden its industry reach, and further solidify its position as a leader in sustainable waste valorization and material innovation. The company's focus on a circular economy positions it favorably within a growing market demand for environmentally conscious alternatives.
See full 3plw company page
