• Guest Post   |
  • Submit App Review   |
  • Submit PR   |
  • Advertise   |
  • Contact Us
  • Login
No Result
View All Result
Advertisement
Mobile App Development | Design | Marketing Magazine: Appedus
Subscribe
  • Home
  • App Development
  • App Marketing
    • All
    • App Onboarding
    • App Store Optimisation
    • App User Engagement
    • Push Notifications
    How-to-Create-a-Mobile App-Marketing-Strategy-That-Works-appedus

    How to Create a Mobile App Marketing Strategy That Works

    How-to-Monetize-Your-Mobile-App-Strategies-for-Success-Appedus

    How to Monetize Your Mobile App: 5 Best Strategies for Success in 2023

    App-Analytics-and-Data-Driven-Insights-Appedus

    Marketing 101 : Top App Analytics and Data-Driven Strategies

    In-app-purchases-and-in-app-subscriptions-Appedus

    In-App Purchases and Subscriptions

    Trending Tags

      • App Store Optimisation
      • App User Engagement
      • App Push Notifications
      • App Onboarding
      • App Analytics
    • App Design
    • App Reviews
      • All
      • Books & Reference
      • Business
      • Dating
      • Education
      • Finance
      • Fitness
      • Food & Drink
      • Health
      • iOS apps
      • Lifestyle
      • Medical
      • Photography
      • Productivity
      • Shopping
      • Social
      • Travel
      • Utilities
      • Video Editing
      The-future-of-mobile-virtual-events-and-webinars-appedus

      The Future of Mobile Virtual Events and Webinars

      The-Rise-of-Mobile-Payment-and-Financial-Apps-Appedus

      The Rise of Mobile Payment and Financial Apps

      Adverse Effects Of UV Radiation

      6 Adverse Effects Of UV Radiation

      6-iOS-Productivity-Apps-I-Cant-Live-Without-appedus

      6 Best iOS Productivity Apps You Can’t Live Without

      7-Reasons-Why-Every-Business-Should-Be-Mobile-Friendly-appedus

      7 Reasons Why Every Business Should Be Mobile-Friendly

      The-top-ten-mobile-apps-all-travellers-should-use-appedus

      The top ten mobile apps all travelers should use

      5-Ways-To-Promote-Your-Mobile-App-In-A-Smarter-Way-scaled-appedus

      5 Ways To Promote Your Mobile App In A Smarter Way

      What-To-Do-If-Your-Cell-Phone-Is-Lost-or-Stolen-appedus

      What To Do If Your Cell Phone Is Lost or Stolen

      Free-Android-Meme-Maker-Appedus

      5 Best Free Android Meme Maker

      Trending Tags

      • Travel
      • fitness
      • Video Editing app
      • Utilities
      • Lifestyle
      • Medical
      • Photography
      • Productivity
      • Shopping
      • Social
      • Travel
    • App Events
    • Exclusive
    • Home
    • App Development
    • App Marketing
      • All
      • App Onboarding
      • App Store Optimisation
      • App User Engagement
      • Push Notifications
      How-to-Create-a-Mobile App-Marketing-Strategy-That-Works-appedus

      How to Create a Mobile App Marketing Strategy That Works

      How-to-Monetize-Your-Mobile-App-Strategies-for-Success-Appedus

      How to Monetize Your Mobile App: 5 Best Strategies for Success in 2023

      App-Analytics-and-Data-Driven-Insights-Appedus

      Marketing 101 : Top App Analytics and Data-Driven Strategies

      In-app-purchases-and-in-app-subscriptions-Appedus

      In-App Purchases and Subscriptions

      Trending Tags

        • App Store Optimisation
        • App User Engagement
        • App Push Notifications
        • App Onboarding
        • App Analytics
      • App Design
      • App Reviews
        • All
        • Books & Reference
        • Business
        • Dating
        • Education
        • Finance
        • Fitness
        • Food & Drink
        • Health
        • iOS apps
        • Lifestyle
        • Medical
        • Photography
        • Productivity
        • Shopping
        • Social
        • Travel
        • Utilities
        • Video Editing
        The-future-of-mobile-virtual-events-and-webinars-appedus

        The Future of Mobile Virtual Events and Webinars

        The-Rise-of-Mobile-Payment-and-Financial-Apps-Appedus

        The Rise of Mobile Payment and Financial Apps

        Adverse Effects Of UV Radiation

        6 Adverse Effects Of UV Radiation

        6-iOS-Productivity-Apps-I-Cant-Live-Without-appedus

        6 Best iOS Productivity Apps You Can’t Live Without

        7-Reasons-Why-Every-Business-Should-Be-Mobile-Friendly-appedus

        7 Reasons Why Every Business Should Be Mobile-Friendly

        The-top-ten-mobile-apps-all-travellers-should-use-appedus

        The top ten mobile apps all travelers should use

        5-Ways-To-Promote-Your-Mobile-App-In-A-Smarter-Way-scaled-appedus

        5 Ways To Promote Your Mobile App In A Smarter Way

        What-To-Do-If-Your-Cell-Phone-Is-Lost-or-Stolen-appedus

        What To Do If Your Cell Phone Is Lost or Stolen

        Free-Android-Meme-Maker-Appedus

        5 Best Free Android Meme Maker

        Trending Tags

        • Travel
        • fitness
        • Video Editing app
        • Utilities
        • Lifestyle
        • Medical
        • Photography
        • Productivity
        • Shopping
        • Social
        • Travel
      • App Events
      • Exclusive
      No Result
      View All Result
      Mobile App Development | Design | Marketing Magazine: Appedus
      No Result
      View All Result
      Home Featured

      Cruz Foam’s chitin-based packaging brings in $18M

      As Industries Race to Go Green, Cruz Foam’s Chitin-based Packaging Generates $18m in Revenue

      by Editorial
      November 1, 2022
      in Featured, Lifestyle, News-Curated
      Reading Time: 4 mins read
      0
      Cruz Foam’s chitin-based packaging brings in $18M as industries scramble to go green

      Source: Google images

      Share on FacebookShare on Twitter

      Table of Contents

      • Main Highlights:
      • Cruz Foam cases for home appliances
      • The funds will be utilized to expand both operations and research and development.

      Main Highlights:

      • Foam plastic, like Styrofoam, is a widely used, hazardous, and almost indestructible single-use substance in desperate need of an environmentally suitable substitute.
      • The firm develops a biodegradable packaging foam from most crab and shrimp shells that would otherwise be discarded.
      • To meet the expectations of its first large customer, Whirlpool, the company recently increased the size of its seed round.

      Cruz Foam is replacing some of the worst plastics on the market with its naturally-derived and biodegradable alternative, and the company has recently obtained a $18 million series A round to accelerate this process.

      Most crustaceans, including crabs, shrimp, lobsters, and even many land insects, have chitin shells, which the company uses to make its products. This material is not just strong, resilient, and fully biodegradable; it is also plentiful, with mountains ready to be scavenged outside of every fish processing facility.

      John Felts, the company’s founder, during the accelerator at Sea in Alaska. Since then, the business has been hard at work developing several methods for converting chitin and a few other natural materials into a polymer that can replace polystyrene foam (EPS, sometimes known as Styrofoam) and other conventional plastic packaging.

      Cruz Foam is poised to expand into a half-dozen new markets after landing a huge break last year when Whirlpool requested them to create a few parts for its appliance boxes.

      Cruz Foam’s chitin-based packaging brings in $18M as industries scramble to go green
      Source: Google images

      The majority of our attention is currently focused on packaging alternatives to polyethylene and polystyrene foam. However, demand is expanding in other sectors such as cold chain, CPG, e-commerce, and so on. Inquiries about constructing or injection molding. “Seeing so much promise is heartening,” Felts said.

      One of the reasons the company is soliciting such a significant amount of money is to develop and test these possibilities. Partners and potential partners from a number of industries have prompted them to acquire a new extruder and experiment with a wide spectrum of unique materials.

      Several rules and trends have influenced firms to use less hazardous materials other than plastic and cardboard.

      He stated that there has been a substantial movement in ESG goals, with the focus shifting back to the individuals who form waste ownership and collection packages. Once upon a time, the objective was to reach carbon neutrality by 2030.

      What exactly does that imply? We can now split it down into further elements, such as whether it applies to packaging or energy efficiency, and what the standards are, say, at the two- and three-year junctures. That tells you they mean business.

      Cruz Foam cases for home appliances

      Everyone from product manufacturers to those who create plastic foam appears to be looking for full-stack alternatives, despite the fact that the two may not be economically equivalent. They see the writing on the wall and are frightened of being caught off guard if an EPS ban (maybe) drives them out of west coast markets.

      Negotiations are underway, according to Felts, with some of the world’s biggest makers of packaging foam to form a partnership in which those firms would begin making chitin-based goods and divide revenues with Cruz Foam.

      The fact, though, is that neither side has many alternatives in this circumstance. Cruz Foam does not even have a tenth of the machinery required to meet demand, and manufacturers must prepare for a cleaner future. Felts stated that they have no intention of producing the items themselves.

      “You can’t,” literally. He said that it took them six months to purchase an extruder. Can you imagine growing your business if it took you two years to get a single machine? You must take advantage of existing resources.

      Whoever makes it may expect to see more of their products in the near future. While the company was able to show me some prototypes and new verticals it was working on, it is unable to reveal any new partners or clients until contracts or agreements are signed, and in some cases, until the requisite patents are submitted. Simply put, the company isn’t content with replacing foam inserts and plastic molds.

      Cruz Foam’s chitin-based packaging brings in $18M as industries scramble to go green
      Source: Google images

      Cruz Foam’s products are usually regarded as sustainable and biodegradable, which means they may be tossed in the yard and degraded by microorganisms within a month or two (and might even give your plants a boost).

      However, the firm must still figure out how to integrate these items into current municipal rubbish systems once they have been blended with cardboard and other materials. Is it permissible to dispose of it under Sacramento’s recycling policy? Is yard waste considered unlawful, and if so, does anybody care?

      “You’ve got to make it a no-brainer for purchasers,” says Felts, by having the government define requirements for a new generation of biodegradable things. Even if it winds up in the wrong recycling bin, it degrades rapidly and readily.

      “Global problem-solving organization” Helena was the driving force behind the $18 million funding round, which included investments from One Small Planet, Regeneration.VC, At One Ventures, and SoundWaves.

      The funds will be utilized to expand both operations and research and development.

      “Our key concern till next year is commercial production and money generating,” he stated. There have been a large number of patent applications submitted. We’ve grown tremendously as a company and now employ 30 people in a brand-new headquarters.

      Cruz Foam may convert from a niche market player to a household name by 2023, owing to the company’s concentration on marketing and sales while outsourcing production to established facilities. Look for the CF (or, as I like to think of it, interlocking crab claws) on or in your box as it makes its way to your front door.

      mm

      Editorial

      We are a digital magazine focused on the mobile app ecosystem aggregating, writing and publishing the best of the tech news in the mobile app ecosystem. Our constant endeavor is to get the most actionable news for you to use.

      Next Post
      Pay $20 a Month for Blue Tick on Twitter?

      Pay $20 a Month for Blue Tick on Twitter?

      Weekly Newsletter

      Top Apps This Week

      The-Top-Mobile-App-Trends-to-Watch-for-in-2023-appedus
      Featured

      The Top Mobile App Trends to Watch for in 2023

      by Editorial
      March 2, 2023

      In this article, we will explore the top mobile app...

      Read more
      The-future-of-mobile-virtual-events-and-webinars-appedus

      The Future of Mobile Virtual Events and Webinars

      February 22, 2023
      The-Rise-of-Mobile-Payment-and-Financial-Apps-Appedus

      The Rise of Mobile Payment and Financial Apps

      February 17, 2023
      Load More

      About Us

      Mobile App Development | Design | Marketing Magazine: Appedus

      Appedus is a mobile app ecosystem focused news publishing platform which covers various topics like app design, app development, app marketing and other relevant news, views or opinions. We also publish industry insights, e-books, developer interviews and e-magazines. You can get in touch with us on hola@appedus.com or you can snail mail us at

      Medianiti Ltd. Brooklands Business Park, Wellington Way, Weybridge KT13 0TT, United Kingdom

      Latest Articles & News

      10-Ways-to-Improve-App Performance-and-Reduce-App-Abandonment-appedus

      10 Ways to Improve App Performance and Reduce App Abandonment

      March 30, 2023
      Market-Research-on-Virtual-Event-Software-2023-2030-Current-Developments-and-Business-Opportunities-GolfStatus-Whova-BigMarker-appedus

      Market Research on Virtual Event Software 2023-2030: Current Developments and Business Opportunities |GolfStatus, Whova, BigMarker

      March 29, 2023

      Important Links

      • Guest Post
      • Submit App Review
      • Submit PR
      • Mobile App Marketing
      • Mobile App Reviews | Top Android & iOS app reviews
      • Top Apps
      • Curated News
      • Advertise
      • Contact Us

      Subscribe

      • Advertise
      • App Events
      • Appedus
      • Contact Us
      • Exclusive at Appedus
      • Our Authors, Contributors & Writers
      • Privacy Policy
      • Submit App for Review
      • Submit Free Press Release
      • Thank You
      • Tip-Off
      • Write For Us | Mobile App Development Guest Post
      • Write For Us | Mobile App Development Guest Post Paid

      © 2022 Appedus - Appedus All Right Reserved

      No Result
      View All Result
      • Advertise
      • App Events
      • Appedus
      • Contact Us
      • Exclusive at Appedus
      • Our Authors, Contributors & Writers
      • Privacy Policy
      • Submit App for Review
      • Submit Free Press Release
      • Thank You
      • Tip-Off
      • Write For Us | Mobile App Development Guest Post
      • Write For Us | Mobile App Development Guest Post Paid

      © 2022 Appedus - Appedus All Right Reserved

      Welcome Back!

      OR

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
      Go to mobile version