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- When was Solutum founded and what was its former name?
- Solutum was founded in August 2017 and was formerly known as Eco Sakit.
- What is Solutum's primary focus in terms of product development?
- Solutum develops patented compounds for sustainable alternatives to single-use plastic, specifically for flexible packaging with a versatile end-of-life.
- What was Solutum's first recorded funding round, and who were some of the investors?
- In November 2019, Solutum completed a Seed round, raising $4.5 million. Investors included ZORA Ventures and Rhodium.
- What was Solutum's most recent funding round and the amount raised?
- In January 2025, Solutum completed a Secondary round, raising $10 million.
- What grants has Solutum received from the IIA?
- Solutum has received multiple grants from the IIA, including $2.05 million in January 2025, and several grants totaling $2.45 million in 2023.
- How many employees does Solutum currently have?
- Solutum currently has 22 employees.
- What certifications does Solutum's material hold?
- Solutum's material is certified by Interseroh 'Made for Recycling' for paper products, TÜV for industrial composting and soil biodegradability, and ISO14020 for water biodegradability (self-declaration).
- What was a notable partnership announced by Solutum in September 2024?
- In September 2024, pester pac automation and Solutum announced a partnership to offer a new environmentally friendly packaging solution.
- When did Solutum win the Tel Aviv University Startup Competition?
- In June 2019, Solutum won the Tel Aviv University Startup Competition for its plastic alternative.