Queensland bio-packaging startup Earthodic has raised $6 million in a Seed funding round.
The funding will be used to expand the product and sales teams, as well as manufacturing and distribution partnerships across the US and Australia.
Earthodic has developed recyclable bio-based waterproof coatings for paper packaging to reduce packaging waste and eliminate microplastic pollution.
The startup has acquired patents for renewable biopolymer coatings and secured pilot trials with packaging companies and letters of intent from FMCG companies.