Chemistry:TIPA Corp
TIPA Corp Ltd. is an Israeli company manufacturing biodegradable plastic packaging.
The material used for the packaging is a patent-protected sheet[1][2] combining plant-based and petroleum-based composition which looks and feels like regular plastic but still decomposes[3] under compost conditions.[4]
The percentage of plant-based ingredients can be between 20-60%, depending on the type and shape of the packaging.[5]
As of 2020, the company's packages are used in supermarkets like Ocado, Waitrose,[6] Google Express[5] and fashion brands like Stella McCartney.[7]
History
The company was founded by Daphna Nissenbaum and Tal Neuman in 2010.[8] It is based in Hod HaSharon, Israel.[9]
In 2013, the company raised seed of $2.5M.[10]
In 2014, Li Ka-shing and his company Horizons Ventures led Round A, raising $10M.[11]
In 2017, Gabriela Hearst and her husband John Augustine Hearst led Round B, raising $11M.[12]
In 2019, the company raised additional $25M.[13]
In 2020, the company was listed second on Forward Fooding's Food Tech 500 list.[9]
In 2021, the company raised additional $10M.[14]
In 2022, the company raised additional $70M.[15]
References
- ↑ TIPA-Corp Announces Expansion of Intellectual Property Estate for Biodegradable Flexible Package, designpackagingnews.com, October 26, 2017
- ↑ TIPA Corp patents, Google Patents
- ↑ TIPA to create the next generation of packaging with compostable plastic, newhope.com, November 22, 2017
- ↑ Meet the 11 Finalists of Calcalist’s Foodtech Innovation Competition, Calcalist, October 10, 2019
- ↑ 5.0 5.1 Google Express to Use Compostable Packaging From Israeli Startup TIPA, Calcalist, June 5, 2019
- ↑ Davos: The compostable bags trying to replace plastic, BBC, January 22, 2020
- ↑ Stella McCartney Converts to TIPA Sustainable Packaging Solutions, stellamccartney.com, September 28, 2017
- ↑ About, tipa-corp.com
- ↑ 9.0 9.1 Israel’s TIPA Corp In 2nd Place On Forward Fooding’s 1st Food Tech 500 List, NoCamels, March 3, 2020
- ↑ TIPA-Corp, Start-Up Nation Central website
- ↑ Biodegradable packaging co Tipa raises $10m, Globes, April 22, 2014
- ↑ TIPA Sustainable Packaging raises $11m, Globes, October 24, 2017
- ↑ Compostable Packaging Company TIPA Raises $25 Million, Calcalist, September 10, 2019
- ↑ Compostable packaging co TIPA raises $10m
- ↑ Israeli compostable packaging co TIPA raises $70m
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