Last updated 2026-07-26
- Raised $16.5M Series C led by Firstime VC, Feb 2023
- Raised $5M convertible note led by Millennium Food-Tech, Jul 2021
- Raised $5M Series B led by Elah Fund, May 2019
Total raised
$32.5M
Last: Undisclosed Round 2023-03
Stage
Series B
Founded
2016
Headcount
27
HQ
Netanya, Israel
Sector
Industrial Technologies
About
TripleW is an Israeli startup that has developed an industrial process to convert food waste into high-value lactic acid, which serves as a building block for biodegradable bioplastics (PLA) and other products. Their technology addresses waste management challenges by diverting food waste from landfills, reducing carbon emissions, and producing sustainable, bio-based materials for various industries, including personal care, homecare, and food packaging. The company also enables the chemical recycling of PLA back into its process, further reducing waste.
Funding history · 8 rounds · $32.5M total
2023-02
C Round
$16.5M
★ Firstime VC★ Eddy Shalev★ Millennium Food-Tech★ LG Technology Ventures★ Israel Oil and Gas Fund★ Consensus Business Group (CBG)
2021-07
Convertible Debt
$5.0M
★ Millennium Food-TechEddy ShalevIsrael Oil and Gas FundConsensus Business Group (CBG)
2021-06
Grant
$2.6M
2019-05
B Round
$5.0M
★ Elah Fund★ Eddy Shalev★ Mordechai Kirschenbaum★ Israel Oil and Gas Fund
2019-05
Grant
$1.0M
2018-03
A Round
$700K
★ Hutchison Kinrot
2018-03
Grant
$500K
2016-09
Seed
$1.2M
★ Hutchison Kinrot
Headcount over time
From 5 (2019-01) to 26 (2026-07) · +21 (+420%) · 17 points · source: Finder history + radar grounding
Q&A
- What is TripleW's core business?
- TripleW is an Israeli startup that converts food waste into high-value lactic acid, which is used as a building block for biodegradable bioplastics (PLA) and other industrial applications.
- How many employees does TripleW currently have?
- TripleW has 27 employees, falling within the 11-50 employee bucket.
- What was TripleW's most recent funding round?
- In March 2023, TripleW completed a Series B funding round, raising $16.5 million. Lead investors included Firstime VC and Israel Oil &.
- What was the amount of the grant TripleW received in March 2025?
- In March 2025, TripleW received a grant of $10.2 million from the European Commission.
- What was the amount of the convertible debt raised by TripleW in August 2021?
- In August 2021, TripleW raised $5 million in convertible debt, with Millennium Food-Tech.
- What is TripleW's primary sector?
- TripleW's primary sector is Industrial Technologies.
- Where are TripleW's offices located?
- TripleW has offices in Netanya, Israel (HQ), Gent, Belgium, and Dallas, United States.
Team · 2
Tal Shapira
Founder · Co-founder & CEO
Amir Oranim
Founder · Co-founder & COO
Sectors & technology
Primary sector
Industrial Technologies
Sub-sectors
Climate TechClean Industry Tech Sustainable Materials & CircularityIndustrial TechnologiesMaterial Innovations & Applications
Technologies
Materials & SubstancesPolymers
Target customers
Agriculture & FoodProcessed FoodsIngredientsIndustrial ManufacturingDiscrete IndustriesPackaging & ContainersEnergy, Utilities & Waste ManagementNew FuelsBiofuelsGovernment & CityMunicipalities
Business model
B2GB2B
Highlights
1 PatentsVerified
Tags
packaging-and-containersclimate-techplasticswaste-techfood-and-beveragemunicipalitieswaste-managementbiomaterialsorganic-wasterecyclingcircular-economybiotechnologyfood-wastematerials
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | triplew.co/ |
|---|---|
| linkedin.com/company/10250610 |
Identifiers & details
| Legal name | TRIPLE W LTD |
|---|---|
| Former names | 3PLW |
| Founded | 2016 |
| Employees (exact) | 27 |
| Offices | Gent; Dallas |
Radar intelligence
Patents
| EPO | 12 |
|---|
Web history (Wayback)
| Domain | triplew.co |
|---|
Certificate / subdomain footprint
| Subdomains | 2 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515371037 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2016-01-07 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2024 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | גאון בני 16 נתניה |