Company Overview
Snapshot
Founded in August 2015 by Tal Shapira and Amir Oranim, TripleW operates with 11–50 employees. The company has raised $32.5 million across 8 funding rounds from 10 investors. In March 2023, TripleW secured a Series B funding round.
Business overview
TripleW specializes in industrial processes that convert food waste into biodegradable bioplastic building blocks, offering a more profitable and environmentally friendly alternative to traditional biogas production. The company's technology enables clients to manufacture bioplastic from various municipal, industrial, and agricultural food-waste streams. Additionally, TripleW produces high-purity lactic acid through fermentation, derived entirely from renewable carbon, for applications in food and beverages, personal care, and industrial products. Its core innovation treats food waste as a third-generation renewable feedstock for polymer-grade lactic acid, a key component of polylactic acid (PLA bioplastic), and supports the chemical recycling of PLA back into its process, promoting a circular economy.
Strategic signal
In June 2024, TripleW's innovative approach to transforming food waste into bioplastic was highlighted, signaling a significant advancement in sustainable materials. This development underscores the company's potential to disrupt the plastics industry by offering eco-friendly alternatives and reducing reliance on fossil fuels, which is a strong positive signal for investors focused on climate tech and circular economy solutions.
Log in to access full profile ›Company Intelligence Q&A
- What was the most recent funding event for TripleW?
- Investors included Millennium Food-Tech and Firstime VC.
- What was a significant operational milestone for TripleW in 2022?
- In July 2022, TripleW's ClimateTech food waste upcycling process went commercial, marking a key step in bringing its sustainable technology to market.
- Which investors participated in TripleW's August 2021 funding round?
- Millennium Food-Tech led the investment, with participation from Israel Oil.
- When was TripleW founded and by whom?
- TripleW was founded in August 2015 by Tal Shapira and Amir Oranim.