Packaging Technology Company BluWrap Raises Additional Funding

BluWrap, a London, UK-based provider of patented and FDA-approved packaging technology that extends the shelf-life of fresh protein, secured further equity financing through a Series D funding.

The round was led by existing investor Wheatsheaf Group.

Led by Ola Strand, CEO, had developed technology that uses patented oxygen management techniques to create and maintain an all-natural controlled atmosphere environment that extends the shelf life of perishable proteins.

The company intends to use the funds to build the team, increase production of BluBuoys, a proprietary oxygen management device used to extend shelf life and ship fresh protein around the world, to finance costs associated with the development of a high-throughput packaging line, an initiative that BluWrap is developing in collaboration with its commercial partners.



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