Startups to Watch
These early-stage companies are using novel, natural materials to replace plastic in food and beverage packaging.
Sustainability is becoming a higher priority for consumers.
Eighty-one percent of global respondents said they believe it’s important that companies implement programs to improve the environment, according to a 2019 Nielsen survey.
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CPG companies are responding to this shift in sentiment by focusing on eliminating unnecessary and unrecyclable plastics. For example, Nestle has committed to making all of its packaging recyclable or reusable by 2025. Similarly, Unilever says it will reduce its virgin plastic usage by half in the next five years.
However, CPG giants are not the only players working to reduce plastic packaging — several startups have emerged to offer more sustainable alternatives. Below, we take a look at 8 early-stage startups developing packaging made of natural materials from seaweed to wood pulp.
This list consists of private, active companies only and is not intended to be exhaustive of the space. Startups were selected based on a combination of factors, including experience in production, market readiness of their solutions, and business or product announcements (e.g. partnerships, new product launches, or milestones reached). They are listed in descending order of total disclosed funding.