Solubag is a leader in the development of environmentally sustainable alternatives to single-use plastics. Founded in Santiago, Chile, the company developed and patented a proprietary raw material that replaces traditional plastic in single-use products such as shopping bags, dog waste bags, t-shirt bags, bubble-wrap, etc. Solubag's products dissolve in soil or water, are plastic-free, non-toxic, and eco-friendly, offering a viable solution to the global plastic waste problem.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
10/17/24 | undisclosed | Venture |
Exit Ventures | undisclosed |