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Sway Raises $5M in Seed Funding

Feb 27, 2024over 1 year ago

Amount Raised

$5 Million

San FranciscoManufacturingBiotechnology

Investors

SuperorganismBam VenturesAlante CapitalThe HelmThird Nature Investments

Description

Sway, based in San Leandro, CA, raised $5M in Seed funding to support the scaling of its product portfolio and catalyze adoption by fashion, food, and home goods brands.

Company Information

Company

Sway

Location

101 CALDWELL ST.

San Francisco, California, United States

About

Sway is a cleantech startup scaling seaweed-based, rapidly compostable replacements for plastic, beginning with flexible packaging. Our patented products match the vital performance attributes of conventional plastics and are designed to plug into existing infrastructure, enabling scale and competitive pricing. Unlike plastic, however, our materials are made from an abundant, regenerative resource and decompose into healthy soil after use.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers