- Raised $16.5M funding round, Mar 2023
- Raised $5M funding round led by Millennium Food-Tech, Aug 2021
- Raised $5M funding round, Jun 2019
About
TripleW has developed an industrial process that converts food waste into the building blocks of biodegradable bioplastic, producing higher revenues from food waste treatment than from biogas production, all with minimal impact to the environment.
The company’s process enables its clients to efficiently manufacture bioplastic from a variety of municipal, industrial, and agricultural food-waste streams. In addition, TripleW produces highly pure lactic acid by fermentation, made entirely from renewable carbon, for multiple industrial applications such as food and beverages, personal care, and industrial products such as sanitation and descaling.
TripleW’s technology treats food waste as a third-generation renewable feedstock for the production of pure, polymer-grade lactic acid, a building block of polylactic acid (PLA bioplastic). TripleW also enables the chemical recycling of PLA back into its patented process, further reducing wastage.
Funding history · 8 rounds · $32.5M total
Q&A
- What is TripleW's primary business activity?
- TripleW specializes in converting food waste into high-value biomaterials, specifically the building blocks of biodegradable bioplastic and pure lactic acid, through an industrial process.
- When was TripleW founded?
- TripleW was founded in August 2015.
- What is the total amount of funding TripleW has raised to date?
- TripleW has raised a total of $32,500,000 USD.
- When was TripleW's most recent funding round and how much was raised?
- TripleW's most recent funding round occurred in March 2023, raising $16,500,000 USD.
- Which investors participated in TripleW's March 2023 funding round?
- The March 2023 funding round included investments from Millennium Food-Tech.
- What is TripleW's current funding stage?
- TripleW is currently in its Series B funding stage.
- Does TripleW hold any patents?
- Yes, TripleW holds one patent.
Team · 2
Sectors & technology
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Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | triplew.co/ |
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| linkedin.com/company/10250610 |
Identifiers & details
| Former names | 3PLW |
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| Founded | 2015-8 |
| Employees (exact) | 36 |
| Offices | Gent; Dallas |
Radar intelligence
Patents
| EPO | 12 |
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Web history (Wayback)
| Domain | triplew.co |
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Certificate / subdomain footprint
| Subdomains | 2 |
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