As the world drowns in “forever plastic” waste, erthos, founded by A&S Alumna Nuha Siddiqui and Kritika Tyagi, is working to craft a plastic-free future. Their proprietary plant-based resin acts as a one-to-one substitute for traditional plastic, and can be used in manufacturing the everyday products we have come to depend on – minus the harmful side effects.
Today, Forbes 30 Under 30 North American listers announced that erthos has closed an oversubscribed $6.5 million Series A round of funding, increasing their total financing to $11.2 million. The round was led by Horizons Ventures, most commonly known for its investments in Impossible Foods and Spotify. Additionally, the round saw participation from European-based Francis Family Fund, Telus Pollinator Fund for Good, and the esteemed women in technology funds Thrive Venture Fund at BDC Capital, and the51 Food & AgTech Fund.
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