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This startup just raised funding to turn wood pulp into sustainable, biodegradable plastics

Lisa Stiffler of GeekWire reports on a biodegradable plastics startup.

The C3 Take
  • Vancouver-based Bioform Technologies, a startup making biodegradable plastics from wood pulp, has raised up to $5 million from Brazil’s Suzano Ventures, the investment arm of a major pulp manufacturer.
  • Bioform’s bioplastic product can replace single-use plastics made from fossil fuels, generating 80% less carbon dioxide emissions, and can be recycled as paper or composted after use.
  • The startup, which aims to begin commercial production by 2027, is leveraging technology developed by University of British Columbia professors to produce sustainable alternatives to single-use plastics at competitive costs.

“The startup analyzed its climate impacts and found its product generates 80% less carbon dioxide compared to traditional plastic at commercial scale. The manufacturing process can use existing pulp mill machinery to make rolls of plastic.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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