Nature Coatings, a Los Angeles, CA-based biochemicals company transforming waste materials into bio-based, safe, and renewable solutions, raised $2.45M in funding.
The round was led by Regeneration.VC and The 22 Fund, with participation from actor and environmentalist Leonardo DiCaprio, Safer Made, and Portfolia.
The company intends to use the funds to expedite the adoption of BioBlack TX by expanding manufacturing capabilities, strengthening the senior team, and establishing a global distribution network.
Led by CEO and Founder Jane Palmer, Nature Coatings is a startup that works on the field of the chemical industry with bio-based, safe and renewable solutions created from waste materials. Its flagship product, BioBlack TX, is a carbon-negative alternative to polluting and toxic petroleum-derived carbon black. It contains non-detected Polycyclic Aromatic Hydrocarbons (PAHs) and carcinogens, and is cost-competitive, aiding decarbonization efforts and staying ahead of regulations.
Certified by FSC®, OEKO-TEX®, USDA BioPreferred, and listed on ZDHC Gateway 3.0, BioBlack TX ensures sustainability and responsible sourcing.
FinSMEs
10/08/2023