Tech Company Financing Transactions
Unwasted Funding Round
Unwasted, based in London England, secured $1.9 million in funding from Elbow Beach Capital.
Transaction Overview
Company Name
Announced On
1/26/2023
Transaction Type
Venture Equity
Amount
$1,860,000
Round
Seed
Investors
Elbow Beach Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to produce a sustainable alternative to virgin wood-based panels which can be remade indefinitely without harm to the environment.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
100 Fenchurch St 4th Fl
London England, EC3M 5JD
UK
London England, EC3M 5JD
UK
Phone
Undisclosed
Website
Email Address
Overview
Neverwaste�, a panel board made entirely from waste, is designed for the new sustainable world we need to build, helping to slow climate change by preventing the destruction of millions of trees to make products with short lifespans. Every Neverwaste� factory is a micro-world of regeneration and restoration, inspired by the reality that just about everything human beings will ever need can be beautifully made from the raw materials already in circulation on our planet.
Management Team
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