Ecopol Receives €500K Venture Capital Investment from Toscana Innovazione

Ecopol S.p.A., a Capannori (Lucca), Italy-based company that produces and commercializes water-soluble and biodegradable products, has received a €500,000 venture capital investment from Toscana Innovazione.
Through the transaction, Toscana Innovazione, a €44m venture capital fund managed by S.I.C.I., has acquired a 30% stake in the company.
Founded in 2009 by a group of professionals in the sector and led by President Professor Emo Chiellini, Ecopol holds the patents regarding the industrial invention of Hydrolene®, which allows to produce water-soluble and biodegradable plastic in different forms (pellets, film and glue).
This material  is currently used in the building industry, in the textile industry, in the oil industry, in the medical sector, in the packaging of pesticides and of liquid, solid, and powder detergents, in the colorants and embroidery sectors, and in all those sectors where primary packaging comes in contact with water, which is the primary solvent of Hydrolene®.

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