Tech Company Financing Transactions
Solubag Funding Round
Private investors participated in a $4.5 million Series A funding round for Solubag. The round was announced on 10/17/2024.
Transaction Overview
Company Name
Announced On
10/17/2024
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Series A
Investors
private investors (Landon Ainge)
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
317 NW 10 th, Terrace
Hallandale Beach, FL 33009
USA
Hallandale Beach, FL 33009
USA
Phone
Website
Email Address
Overview
Solubag consists of a group of global companies formed by eco-conscious Chilean scientists, entrepreneurs, and managers, who have achieved the support from many international investors. These investors believe in this innovative development which represents a great solution to the serious problem of plastic and its waste. Its operations are designed to be commercialized in America, Europe, and Africa as the first step, and then take a leap to the global market.
Management Team
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We document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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