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Tipa raises USD 70 million in Series C funding
Bio-based Materials
Jan 3, 2022
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Bio-based Materials

Bio-based Materials

Jan 3, 2022

Tipa raises USD 70 million in Series C funding

Funding

  • Tipa, an Israeli compostable packaging company, has raised USD 70 million in a Series C funding round co-led by Meitav Investment House and Millennium Food-Tech. New investors Migdal Insurance, Financial Holdings, and existing investors Blue Horizon Ventures, GreenSoil Investments also participated.

  • The fresh funds will be allocated to Tipa’s product development and global expansion plans. Tipa also expects the funding to support in meeting the growing demand for its compostable and partially bio-based packaging solutions.

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