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zume.com

Founded Year

2015

Stage

Series C | Alive

Total Raised

$445.69M

Valuation

$0000 

Last Raised

$375M | 4 yrs ago

About Zume

Zume aids in the switch from plastic to compostable molded fiber packaging through its patent-pending manufacturing technology and its network of global suppliers.

Zume Headquarter Location

250 Polaris Ave.

Mountain View, California, 94043,

United States

866-863-9863

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Research containing Zume

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Zume in 2 CB Insights research briefs, most recently on Jul 6, 2022.

Expert Collections containing Zume

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Zume is included in 4 Expert Collections, including Restaurant Tech.

R

Restaurant Tech

977 items

Hardware and software for restaurant management, bookings, staffing, mobile restaurant payments, inventory management, cloud kitchens, and more. On-demand food delivery services are excluded from this collection.

U

Unicorns- Billion Dollar Startups

1,182 items

O

On-Demand

1,226 items

F

Food & Meal Delivery

1,483 items

Startups and tech companies offering online grocery, food, beverage, and meal delivery services.

Zume Patents

Zume has filed 74 patents.

The 3 most popular patent topics include:

  • Food packaging
  • Food storage containers
  • Fast food
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/7/2019

6/14/2022

Street food, Saskatchewan provincial highways, Food trucks, Deep fried foods, Dosage forms

Grant

Application Date

11/7/2019

Grant Date

6/14/2022

Title

Related Topics

Street food, Saskatchewan provincial highways, Food trucks, Deep fried foods, Dosage forms

Status

Grant

Latest Zume News

Transcend and Zume in €90m deal to upscale moulded fibre packaging

Aug 2, 2022

Transcend Packaging has entered into a €90m partnership with Silicon valley start-up Zume to offer moulded fibre products on a large-scale to Europe. Zume, the moulded fibre manufacturing system specialist and provider of compostable packaging, said it was confident the deal can reduce the amount of single-use plastic that enters landfill annually. It is aiming to make an impact globally as brands move to enhance how their packaging performs at the end of its useful life. Zume provides sustainable packaging solutions for some of the largest Quick Service Retail (QSR) brands by using a single tech stack of hardware, software, and services to swap out plastic packaging with moulded fibre alternatives. The partnership aims to create viable, cost-effective solutions by building a bridge between the needs of global brands and the capabilities of forward-thinking manufacturers. The multi-million-pound deal will see one of the largest specialist moulded fibre production facilities created in Europe. Site assessments regarding exact location are currently being conducted, with the aim of being fully functional by mid-2023. Launching to market with moulded fibre ‘snap lids’ for hot beverage cups, the aim is to initially create 500 million units of capacity by September, enabling large global food and beverage companies and leading QSR brands to have an immediately available solution. Transcend will be the exclusive distributor of Zume’s moulded fibre lids in Europe, and Zume’s global customers will have access to Transcend’s catalogue of products. Zume’s partnership with ABB Robotics enables it to create moulded fibre products using state of the art manufacturing cells and robotic machinery worldwide. Zume’s process takes millions of tonnes of various global biomass and converts the natural plant fibres into advanced moulded fibre products. Lorenzo Angelucci, chief executive of Transcend Packaging, said the company is talking to some large global FMCG brands who are keen to reduce plastic packaging content: “Many brands know they need to aim for higher levels of sustainability in their packaging, but knowing where to begin and navigating the tricky landscape is challenging. Businesses need to re-learn how they think about packaging in order to move toward sustainable alternatives that can be recycled at scale. “We’re excited to work with Zume – using world-leading technology, as they have been instrumental in helping some of the biggest global brands move beyond plastics and EPS foam products. Through our partnership, and by creating a state of the art production facility in Europe, we hope to continue this hard work and encourage businesses in Europe to take the next step, challenge their perceptions and showcase how viable new alternatives can be in meeting both performance and customer expectations.” Alex Garden, Zume’s Chairman and chief executive, said: “For global brands, maintaining the status quo with plastic use is no longer a viable strategy. The proof will lie in the hands of brands who put a plan in place and see it through. Zume aims to provide companies with a road beyond plastic. This partnership with Transcend aims to further expand our capacity to incite real change and replace plastic with an economically viable solution that performs like plastic without the harms of plastic.”

Zume Web Traffic

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Zume Rank

  • When was Zume founded?

    Zume was founded in 2015.

  • Where is Zume's headquarters?

    Zume's headquarters is located at 250 Polaris Ave., Mountain View.

  • What is Zume's latest funding round?

    Zume's latest funding round is Series C.

  • How much did Zume raise?

    Zume raised a total of $445.69M.

  • Who are the investors of Zume?

    Investors of Zume include SoftBank Group, SignalFire, Maveron, Kortschak Investments, AME Cloud Ventures and 3 more.

  • Who are Zume's competitors?

    Competitors of Zume include Chowbotics and 4 more.

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