Cruz Foam
Founded Year
2017Stage
Series A | AliveTotal Raised
$22.02MLast Raised
$18M | 3 mos agoAbout Cruz Foam
Cruz Foam manufactures compostable styrofoam substitutes. The raw materials are natural, renewable materials from upcycled shrimp shell waste. It caters to the packaging industry. The company was founded in 2017 and is based in Santa Cruz, California.
Cruz Foam's Product Videos
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Cruz Foam's Products & Differentiators
Cruz Foam sheets
Sheets of compostable foam, customizable
Expert Collections containing Cruz Foam
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Cruz Foam is included in 1 Expert Collection, including Packaging & Labeling Tech.
Packaging & Labeling Tech
583 items
Companies providing traditional and tech-enabled packaging and labeling solutions for brands.
Cruz Foam Patents
Cruz Foam has filed 3 patents.
The 3 most popular patent topics include:
- Building insulation materials
- EC 2.4.1
- EC 3.2.1
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
5/6/2019 | Polymers, Colloidal chemistry, Building insulation materials, Polymer chemistry, Organic polymers | Application |
Application Date | 5/6/2019 |
|---|---|
Grant Date | |
Title | |
Related Topics | Polymers, Colloidal chemistry, Building insulation materials, Polymer chemistry, Organic polymers |
Status | Application |
Latest Cruz Foam News
Nov 21, 2022
November 21, 2022 The fight against packaging that pollutes the environment has recently received a major boost. California-based Cruz Foam has announced that actors Leonardo DiCaprio and Ashton Kutcher have invested $3.4 million in their company, which has begun making a Styrofoam substitute from shrimp shells. Huge amounts of styrofoam are used for single use, when delivering various products. Whirlpool was among the first to recognize this packaging advantage. “The mission to eliminate single-use plastics and fight for a clean and sustainable environment makes me excited to join as an investor and advisor, and I look forward to what we can accomplish together,” DiCaprio said. “We see tremendous potential in Cruz Foam’s packaging applications as the industry moves away from petroleum-based products and toward new biomaterials technologies,” said Kucer. The material they use comes from chitin extracted from shrimp shells. As they say, it is the second most abundant biopolymer on the planet. Other ingredients include starch and other natural materials. According to the founders, consumers want materials that protect products and do not cause harm. “Our products are circular in nature. We use biopolymers from nature to create a compostable material using the existing supply chain at a similar price,” stated Cruz Foam. E2 portal
Cruz Foam Frequently Asked Questions (FAQ)
When was Cruz Foam founded?
Cruz Foam was founded in 2017.
Where is Cruz Foam's headquarters?
Cruz Foam's headquarters is located at 2851 Mission Street, Santa Cruz.
What is Cruz Foam's latest funding round?
Cruz Foam's latest funding round is Series A.
How much did Cruz Foam raise?
Cruz Foam raised a total of $22.02M.
Who are the investors of Cruz Foam?
Investors of Cruz Foam include Regeneration.VC, At One Ventures, Sound Ventures, Helena, One Small Planet and 10 more.
Who are Cruz Foam's competitors?
Competitors of Cruz Foam include Green Cell Foam and 2 more.
What products does Cruz Foam offer?
Cruz Foam's products include Cruz Foam sheets.
Compare Cruz Foam to Competitors
The Better Packaging Co develops sustainable packaging solutions that consider the complete lifecycle impact of a product from raw material sourcing, right through to end-of-life disposal. The Better Packaging Co. currently provides home compostable packaging designed to support eCommerce.
TomKat develops the TomKat KoolPak, an environmentally responsible packaging system designed to protect product, preserve the environment and improve social license.
Vericool's solutions enable sustainable and compostable packaging for unbroken cold chains in the grocery and pharmaceutical markets, such as for home delivery of food and transportation of biological medicines.
Eupry is supporting organizations in regulatory compliance and cost reduction through automatic environmental monitoring systems. It develops calibration, monitoring, mapping, and data logging equipment. Eupry serves industries such as laboratory, pharmacy, healthcare, pharma, food, and more. It was founded in 2014 and is based in Copenhagen, Denmark.
Controlant offers solutions for supply chain monitoring. The Controlant centralized wireless sensor network provides an easy and cost effective way to monitor assets and environment. The system has a single infrastructure - whether it is used for local, cold chain or vehicle monitoring.
ABA provides integrated cold chain solutions for industries such as pharmaceuticals, foods, dairy products and frozen goods. Its customers include several large retailers and consumer goods companies in Vietnam like Big C, VinMart, METRO, Unilever and BEL.
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