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Temperpack Accelerates Growth With $140 Million In New Funding, Led By Goldman Sachs Asset Management

Mar 22, 2022•over 3 years ago
Richmond

Description

TemperPack® Technologies, a leading manufacturer of sustainable thermal insulation for cold chain packaging, announced today that it has closed on $140 million of new equity financing, led by the Sustainable Investing business within Goldman Sachs Asset Management (Goldman Sachs). Goldman Sachs was joined by existing TemperPack investors including Grosvenor Food & AgTech, Harbert Growth Partners, Tao Capital Partners, Revolution Growth, SJF Ventures, and Arborview Capital.

Company Information

Company

Temper Pack

Location

Richmond, Kentucky, United States

About

TemperPack was created to help the world waste less. Based out of Richmond, TemperPack is a materials engineering and manufacturing company looking to disrupt the cold-chain shipping industry. We protect what's perishable, whether that's a shipment of food or life saving medicine, all using materials that help protect our most perishable resource, the Earth. We build revolutionary insulation products that allow large organizations to manage their global supply chains with zero environmental impact. We aim at bringing to market sustainable packaging solutions that consumers and companies feel great about using. Interested in working for TemperPack? Send an email to hr@temperpack.com

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