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 with participation from Millennium Food-Tech.
Business overview
TripleW specializes in converting food waste into biodegradable bioplastic building blocks and highly pure lactic acid. The company's industrial process enables clients to manufacture bioplastic from various municipal, industrial, and agricultural food-waste streams. Additionally, TripleW produces lactic acid for applications in food and beverages, personal care, and industrial products like sanitation. Its technology 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. TripleW operates within the Industrial Technologies sector, focusing on sustainable materials, circular economy, and waste management.
Strategic signal
In June 2024, TripleW's technology for transforming food waste into bioplastic was highlighted, signaling the company's progress in commercializing its climate-tech solution. This development indicates a growing market validation for their sustainable approach to waste upcycling and positions TripleW as a key player in the circular economy, offering a viable alternative to traditional plastics and contributing to reduced environmental impact.
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.