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Cruz Foam

Cruz Foam

Private
Santa Cruz, CaliforniaEnergy & Sustainabilityhttps://cruzfoam.com/

Last Round

Series A

Oct 28, 2022

Total Funding Raised

$27.38M

Company Overview

Cruz Foam is a materials technology company that produces compostable, protective packaging foam from renewable biopolymers as a replacement for single-use plastics.

Sector

Energy & Sustainability

Verticals

Sustainable Materials, Advanced Materials, Circular Economy, Clean Manufacturing

Business Model

B2B

Customer Profile

Hardware Sales

AI Layer

Non-AI

Keywords

compostable packagingprotective packagingexpanded polystyreneEPSsustainable materialsbio-based foamstyrofoam alternativechitin-based materialcircular economyplastic waste reductioneco-friendly packagingESG packaginghome-compostablepackaging supply chaingreen packaging

Historical Pricing

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Caplight Momentum Score

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Cruz Foam Comparables

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Cruz Foam comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Magical Mushroom Company
84%
S.Lab
80%
Ecovative
79%

Cruz Foam Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AOct 28, 2022
SeedApr 20, 2022
SeedNov 23, 2021
GrantMay 19, 2021
SeedMar 11, 2020
Seed
Jan 1, 2020

Key People

Founding team and executive leadership

John Felts

Chief Executive Officer

Executive Team

Cruz Foam Investors

Notable investors and investment history

Cruz Foam investors
InvestorRounds
Sony Ventures CorporationSeed
Plug and Play Tech CenterAccelerator
Regeneration.VCSeed, Series A
Sustainable Ocean AllianceSeed, Accelerator
At One VenturesSeries A, Seed
Santa Cruz WorksSeed
Alchemist AcceleratorAccelerator

Market signals

Structured signals derived from secondary market and firmographic data.

  • Oct 28, 2022

    $18M round led by Helena Special Investments.

  • Apr 20, 2022

    $3.4M round with participation from Ashton Kutcher and Leonardo DiCaprio.

Cruz Foam Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Cruz Foam Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersSanta Cruz, California
Employee Range28
Year Founded2017
Last FundingOct 28, 2022

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