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This innovation is aimed at addressing the issue of single-use plastic disposal in the Philippines. Solutum, which has won several innovation awards, has developed unique mechanisms to control the sensitivity of their compound to water, providing a range of predetermined dissolving times. The biodegradable material has similar or better characteristics than conventional plastic for flexible packaging.","partners":"Solutum Technologies Ltd.","customers":"N/A","investors":"N/A","confidence":8,"key_topics":"Biodegradable Plastic, Environmental Impact, Innovation, Sustainability, Waste Management","date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":"Partners","acquisition_amount":"N/A","structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"QE3irezakYsApE7FhY89eLSpSn5oynre9I6kvY8cQpXvrNLFJIf0QS","news_summary":"Biodegradable alternative plastic packaging soon in PH","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"3edDywhYC4u8my7pSJBvDZJ3YcXr4KDW4igysrM63m5iPoXHnRKnui","date":"Jun 8, 2023","link":"https://whattheythink.com/articles/115422-solutum-offers-new-approach-reducing-plastic-waste/","source":"whattheythink.com","visible":1,"analysis":{"tags":"Cleantech, Plastic Pollution","company":"Solutum","layoffs":"Not mentioned","summary":"Cleantech company Solutum is working to reduce plastic pollution by offering sustainable alternatives to single-use plastic. 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The companys founder and CTO, Sharon Barak, discusses the innovative approach to addressing the issue of plastic waste.","partners":"Not mentioned","customers":"Not mentioned","investors":"Not mentioned","confidence":8,"key_topics":"Plastic Waste Reduction, Sustainable Alternatives, Flexible Packaging","date_of_event":"June 8, 2023","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Not mentioned","structured_issues":"Customers, Partners","acquisition_amount":"Not mentioned","structuredIssuesShow":"#Customers, Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"1Sp7HHnAhc8JiphuG5JfajS5MdtpSd4h3XPMl6s5dHO7ZlV88vmiWP","news_summary":"Solutum Offers a New Approach to Reducing Plastic Waste","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"gErQ3L9wnFLInFPXwoXUyEoxB76gN6xAAgW1h61f7onKpSjSHtIL81","date":"Jan 17, 2023","link":"https://www.lgnewsroom.com/2023/01/lifes-good-award-winners-present-warm-hearted-tech-solutions-for-a-better-future/","source":"www.lgnewsroom.com","visible":1,"analysis":{"tags":"ESG, innovation","company":"LG Electronics","layoffs":null,"summary":"LG Electronics has announced the winner of its LIFES GOOD AWARD, which supports global innovators. 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The company aims to address water wastage, which contributes to financial losses and global warming.","partners":["PepsiCo"],"customers":["Microsoft","Mastercard","PepsiCo"],"eventType":null,"investors":"Insight Partners, Marius Nacht","confidence":9,"key_topics":["water scarcity","AI technology","investment","sustainability","innovation"],"date_of_event":"January","product_stage":"released","investment_date":"January","acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$15 million","structured_issues":["Investment","Customers","Partners"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"developing","structuredIssuesShow":"#Investment  #Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"xxnE0o52ndkUqbKIsga6H83HZpStcwaCuj7O1N1azCcEsjcMiSkFe0","news_summary":"6 Israeli Companies Curbing The Global Water Crisis","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"bb9ABP1ZmEWHmievui0Mrh0wzu3VYqE1X1jUBuMEiHm0lAqWtIiUva","date":"Dec 12, 2021","link":"https://www.i24news.tv/en/news/israel/environment/1639306125-i24news-israeli-tech-develops-environmentally-friendly-plastic","source":"www.i24news.tv","visible":1,"analysis":null,"sentiment":null,"analysisId":"F8DZGKy4ew6y5SlKsoVGEHVtAF6TLbAu5nYBDdOQiE5CjD9nSLuJPL","news_summary":"i24NEWS","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"none"},{"id":"6f1e72f4-4333-40b7-af1a-9d2d4164493e","date":"Jun 5, 2019","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3763689,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"startup competition","company":"Solutum Ltd.","layoffs":null,"summary":"Plastic alternative startup Solutum Ltd. has won Tel Aviv University’s Coller School of Management third annual startup competition, receiving a $100,000 investment from Jeremy Coller, the school’s namesake and chief investment officer at Coller Capital Ltd. 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