Solutum Overview
Solutum develops sustainable alternatives to single-use plastic. Its patented compound enables the production of flexible packaging with a versatile end-of-life, designed to reduce plastic waste without environmental impact. The material has high tensile strength, superior impact resistance, and is compatible with existing converter machines in the plastics supply chain. Solutum material is additionally certified by “Interseroh ‘Made for Recycling’ for paper products, “TÜV industrial composting”, “TÜV soil biodegradable” and “ISO14020 water biodegradable” (self-declaration).
Cumulative Funding Raised Over Time ($)
$10.0MJan 2025
$14.5MNov 2019
Latest News
growth-positive
‘Pack Expo' trade show in Chicago focuses on sustainability
The Pack Expo at McCormick Place showcases sustainable packaging solutions, drawing 47,000 attendees. The event highlights the importance of sustainability in the packaging industry, with initiatives like Sustainability Central and the PACK EXPO Green program. Companies like Solutum are leading the charge with biodegradable plastic alternatives. Solutums product is stronger than traditional plastic and can biodegrade in various environments. R.R. Donnelly & Sons also showcases sustainable packaging solutions, such as recycled paper board for a craft brewery. The demand for green products is increasing as consumers seek environmentally friendly packaging. The expo emphasizes the industrys shift towards sustainability and design for recyclability.
growth-positive
Together for Sustainability: pester pac automation and Solutum Offer New Environmentally Friendly Packaging Solution
Solutum Technologies Ltd. has partnered with pester pac automation to integrate its sustainable film material into Pesters packaging systems. This collaboration allows Solutums biodegradable film to be processed on Pesters stretchwrapping and overwrapping machines, offering an eco-friendly alternative to conventional packaging films. The Solutum film is notable for its industrial compostability and biodegradability in soil and water, leaving no microplastic residue. This partnership enables efficient and cost-effective production processes, contributing to material savings and reduced environmental impact. The collaboration will be showcased at FACHPACK 2024, highlighting the potential for widespread adoption of Solutums innovative packaging solution.
Partners
growth-positive
Solutum Taps Business Veteran Daniel Friedmann
Solutum Technologies Ltd., a company focused on sustainable materials for flexible packaging, has appointed Daniel Friedmann as Corporate Director and Board Member. Friedmann, known for his leadership roles at Carbon Engineering and MDA Space, will help scale Solutums innovative packaging solutions that offer a holistic end-of-life, minimizing environmental impact. Solutums materials are designed to work with existing converter machines and biodegrade without leaving an environmental footprint. The company is actively scaling production and forming key partnerships to address the global plastic waste crisis. Friedmanns track record in environmental solutions and business expansion is expected to drive Solutums growth and impact.
Management ChangesPartners
growth-positive
Biodegradable alternative plastic packaging soon in PH
SBS Philippines Corp. and Solutum Technologies Ltd. are introducing a new alternative to flexible plastic packaging that dissolves and biodegrades in water, meeting the ISO 14851 certificate requirement. 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
growth-positive
Solutum Offers a New Approach to Reducing Plastic Waste
Cleantech company Solutum is working to reduce plastic pollution by offering sustainable alternatives to single-use plastic. The company has developed a unique compound that can be used to create a variety of flexible packaging with multiple end-of-life options. The companys founder and CTO, Sharon Barak, discusses the innovative approach to addressing the issue of plastic waste.
CustomersPartners
| Sector | Industrial Technologies |
Funding
| Total funding | $9M |
| Last funding | $10M |
| Stage | Seed |
| Rounds | 8 |
| Investors | 5 |
Team Members
9
Employees: 11-50
Web & Social Links
| Website | www.solutum.co/ |
| Careers | Careers page |
Locations
HaHarash St 8, Tel Aviv-Yafo, Israel
HaHarash St, Tel Aviv-Yafo, Israel
Photos & Videos
2 item(s)
Solutum Business
Business models
B2B2C
Product stage
Released
Employees
11-50
Sector
Climate TechClean Industry Tech Sustainable Materials & CircularityIndustrial TechnologiesMaterial Innovations & ApplicationsTarget Customer
Industrial ManufacturingProcess IndustriesPlasticsCore Technology
Materials & SubstancesPolymersTags (8)
climate-techbiodegradablematerialsflexible-packagingpackaging-and-containersoil-and-gas-companiesfood-and-beverageconsumer-packaged-goodsGeographic Markets
EuropeAsiaIsraelUnited StatesSolutum Financials
$9M
Total funding
Undisclosed
Capital raised
$10M
Last funding
Seed
Funding stage
8
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
$10.0MJan 2025
$14.5MNov 2019
Private Equity Funding
Secondary Round
Jan 2025
$10M
Seed
Nov 2019
$4.5M
ZORA Ventures, Rhodium, JAL Ventures, Jeremy Coller, Daniel Recanati
Non-Equity Funding
GrantEvent
Jan 2025
$2.05M
GrantEvent
Mar 2023
$700K
GrantEvent
Mar 2023
$300K
GrantEvent
Feb 2023
$625K
GrantEvent
Jan 2023
$625K
GrantEvent
Jan 2023
$200K
LG
Solutum Lifecycle
Cumulative Funding Raised Over Time
$10.0MJan 2025
$14.5MNov 2019
All Events
Secondary Round
Jan 2025
$10M
Seed
Nov 2019
$4.5M
ZORA Ventures, Rhodium, JAL Ventures, Jeremy Coller, Daniel Recanati
GrantEvent
Jan 2025
$2.05M
GrantEvent
Mar 2023
$700K
GrantEvent
Mar 2023
$300K
GrantEvent
Feb 2023
$625K
GrantEvent
Jan 2023
$625K
GrantEvent
Jan 2023
$200K
LG
Solutum News
10 articles
growth-positive
‘Pack Expo' trade show in Chicago focuses on sustainability
The Pack Expo at McCormick Place showcases sustainable packaging solutions, drawing 47,000 attendees. The event highlights the importance of sustainability in the packaging industry, with initiatives like Sustainability Central and the PACK EXPO Green program. Companies like Solutum are leading the charge with biodegradable plastic alternatives. Solutums product is stronger than traditional plastic and can biodegrade in various environments. R.R. Donnelly & Sons also showcases sustainable packaging solutions, such as recycled paper board for a craft brewery. The demand for green products is increasing as consumers seek environmentally friendly packaging. The expo emphasizes the industrys shift towards sustainability and design for recyclability.
growth-positive
Together for Sustainability: pester pac automation and Solutum Offer New Environmentally Friendly Packaging Solution
Solutum Technologies Ltd. has partnered with pester pac automation to integrate its sustainable film material into Pesters packaging systems. This collaboration allows Solutums biodegradable film to be processed on Pesters stretchwrapping and overwrapping machines, offering an eco-friendly alternative to conventional packaging films. The Solutum film is notable for its industrial compostability and biodegradability in soil and water, leaving no microplastic residue. This partnership enables efficient and cost-effective production processes, contributing to material savings and reduced environmental impact. The collaboration will be showcased at FACHPACK 2024, highlighting the potential for widespread adoption of Solutums innovative packaging solution.
Partners
growth-positive
Solutum Taps Business Veteran Daniel Friedmann
Solutum Technologies Ltd., a company focused on sustainable materials for flexible packaging, has appointed Daniel Friedmann as Corporate Director and Board Member. Friedmann, known for his leadership roles at Carbon Engineering and MDA Space, will help scale Solutums innovative packaging solutions that offer a holistic end-of-life, minimizing environmental impact. Solutums materials are designed to work with existing converter machines and biodegrade without leaving an environmental footprint. The company is actively scaling production and forming key partnerships to address the global plastic waste crisis. Friedmanns track record in environmental solutions and business expansion is expected to drive Solutums growth and impact.
Management ChangesPartners
growth-positive
Biodegradable alternative plastic packaging soon in PH
SBS Philippines Corp. and Solutum Technologies Ltd. are introducing a new alternative to flexible plastic packaging that dissolves and biodegrades in water, meeting the ISO 14851 certificate requirement. 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
growth-positive
Solutum Offers a New Approach to Reducing Plastic Waste
Cleantech company Solutum is working to reduce plastic pollution by offering sustainable alternatives to single-use plastic. The company has developed a unique compound that can be used to create a variety of flexible packaging with multiple end-of-life options. The companys founder and CTO, Sharon Barak, discusses the innovative approach to addressing the issue of plastic waste.
CustomersPartners
growth-positive
LIFE'S GOOD AWARD Winners Present Warm-Hearted Tech Solutions for a Better Future | LG NEWSROOM
LG Electronics has announced the winner of its LIFES GOOD AWARD, which supports global innovators. The award aims to foster a brighter future for the planet and people by soliciting ideas for environmental sustainability and accessibility. The winning teams presented innovative solutions that have the potential to spread positive impact on the world. The conference was attended by LG executives, scholars, and partners. Dot Inc. from South Korea won the Grand Prix and received USD 700,000 in prize money. The other winning teams were SOLUTUM from Israel, Day1Lab from South Korea, and NONA Technologies from the United States. LG will continue its ESG efforts and collaborate with innovators to create a sustainable future.
Customers
growth-positive
6 Israeli Companies Curbing The Global Water Crisis
WINT Water Intelligence, an Israeli company founded in 2017, uses AI technology to detect and stop water leaks in buildings, providing data insights on water consumption. The company expanded into the US and Europe, with notable customers like Microsoft and Mastercard. WINT raised $15 million in a Series B round in January, led by Insight Partners and Marius Nacht. The investment supports WINTs market expansion and innovation. The company was recognized for its partnership with PepsiCo, helping reduce water consumption by 10% at a Belgian facility. WINTs technology is being rolled out to five European sites by PepsiCo. The company aims to address water wastage, which contributes to financial losses and global warming.
InvestmentCustomersPartners
i24NEWS
growth-positive
Plastic Alternative Startup Solutum Wins Tel Aviv University Startup Competition
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. Solutum develops plastic-like bags that fully dissolve in water. Contextual Web Ltd. came in second place and received a $25,000 investment.
Investment
growth-positive
MassChallenge Israel names 10 exemplary startups
MassChallenge Israel has selected the 10 most outstanding startups from its third class, with a focus on the medical, software, art, and clean energy sectors. The winners include Air Doctor, Genetika+, MonitHer, Flatspace, MyPart, RouteValet, Ziroh Labs, Qubeicon, Solutum, and ThinkZone. Representatives of these companies will travel to Boston and New York for strategic meetings with investors, companies, and potential partners. MassChallenge aims to diversify technological and social innovation in various fields while encouraging entrepreneurship. The program had 525 candidates, with one-third of them coming from over 30 countries outside of Israel. The initiative in Jerusalem has contributed to the growth of startups in the city.
PartnersExpand
Solutum Team
Guy Levi
CFO
Nir Weiss
COO and VP of R&D
Employee Info
| Employees (range) | 11-50 |
| Exact count | 22 |
| Team members | 9 |
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Solutum Internal
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Hilla Gorokhovsky |
| Registrar ID | 515737559 |
| Crunchbase | solutum |
| Phone | +972 3-613-3392 |
| Creator | Yanina Wainscheinker |
| Creator email | yanina.wain@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-08-09T00:00:00.000Z |
| Created | 2019-02-13T00:00:00.000Z |
| Claimed | Yes |