Lora Kolodny of CNBC reports on Cruz Foam, a startup that is looking to reduce styrofoam pollution.
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- Based in Santa Cruz, California, Cruz Foam is making a plant-based styrofoam alternative that is biodegradable and generally safe for animals to eat.
- The styrofoam is made with chitin and different starches and fibers derived from agricultural waste.
- Cruz Foam has introduced a foam and paper wrap to replace styrofoam and peanuts, a foam-padded mailer, and foam coolers that keep fresh and frozen food items cold.
- The startup has raised $25 million from various groups including Ashton Kutcher’s climate fund Sound Waves.
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“The foam dissolves in a tub of water and can be poured over a lawn or garden to safely add some nitrogen back into the soil, Felts said. And it’s safe if your dog, or your fish, eats any of the foam.”
Read the full article here.
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