FarmsGreen Tech
Eco
MxG Fiber
Manufacturing packaging that replaces single-use plastics and sequesters carbon
Houston,
TX
Investment type:
Equity
(SAFE)
Target raise:
$50,000
- $1,070,000
Minimum investment:
$100
$100
End date:
Apr 08, 2022
Apr 08, 2022
ended
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Highlights
- Our products replace foam and plastic containers used in the take-out food industry
- Our raw material sequesters atmospheric carbon that is verified and sold on exchanges like Nori
- Demand for sustainable packaging is growing at 30% annually in North America and 51% in Europe
- Bans on some single-use plastic already exist in San Francisco, Baltimore, Seattle, and many more
Our Story
We manufacture food packaging from plants that are grown on land not suitable for food using a plant called Miscanthus that stores carbon in the soil. Our products replace single-use plastics, help reduce carbon dioxide in the atmosphere, provide jobs to US workers and farmers, and provides our customers with high-quality packaging.
Our Ambition
We intend to build 4 thermoforming facilities in the next 5 years that will utilize over 12,000 acres of Miscanthus that will sequester more than 12,000 tons of carbon annually and supply over 1 billion packages annually to our customers. These are forward looking projections and are not guaranteed.