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PlantSwitch Announces $2M Financing

2023-11-28
DALLAS, TX, NexPoint today announced its investment of $2 million in the early growth funding round of PlantSwitch.
NexPoint, a multi-billion-dollar alternative investment firm, today announced its investment of $2M in the early growth funding round of PlantSwitch, a bioplastics manufacturing company with a carbon-negative production process that upcycles agricultural waste to produce biodegradable and compostable resins for single-use products. The investment is part of a total $7.7M raise in this early fundraise round, to which other institutional investors, along with NexPoint, subscribed.

PlantSwitch's mission is to replace all petroleum-based single-use plastic with plants. Our proprietary technology upcycles agricultural residues into a plant-based resin that can be used to make nearly all types of plastic products. A low-cost, zero-waste, drop-in replacement to plastic is finally here.
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