Amount Raised
$5 Million
Investors
SuperorganismBam VenturesAlante CapitalThe HelmThird Nature Investments
Description
Sway, the California startup replacing plastic packaging with seaweed-based solutions, has sealed a $5 million seed round. It’s a major leap forward for a 2023 winner of the Tom Ford Plastic Innovation Prize in partnership with Lonely Whale.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers