New Exciting Developments: Mi Terro Leads the Charge in Eco-Friendly Innovations
Collaboration with Georgia-Pacific
In a remarkable stride forward, Mi Terro has forged a collaboration with Georgia-Pacific, through 1915 Studios, to begin the development of a 100% compostable, bio-based coating for paper packaging. This partnership brings together Georgia-Pacific’s industry prowess and Mi Terro’s innovative technology to create sustainable solutions that are efficient, low-cost, and most importantly, can be processed on existing machinery, signaling a new era in eco-friendly solutions.
Biobased Materials Technological Breakthrough
We have developed a new technology that can make biobased films on industrial machines without any changes required to processing equipment. This addresses many of the challenges associated with commercializing biobased materials, including scalability, cost-effectiveness, and compatibility with existing plastic processing equipment. This is a major breakthrough for biobased materials, as it cuts the commercialization timeline by 7-10 years.
Now that we have lowered the barrier to entry, there's no reason companies cannot adopt these sustainable practices. We are proud to announce industry titans like Unilever, P&G and Henkel are already lined up to join us.
Joint Development Agreement with SPB GLOBAL CORPORATION
We have inked a Joint Development Agreement with SPB, which promises to foster the first potential bio-based alternative to fossil-derived PVA (Polyvinyl Alcohol), aiming to minimize the utilization of fossil-based constituents in packaging.
This collaboration brings together Mi Terro's focus on sustainability and SPB's experience and extensive production and manufacturing capacity, as emphasized by their Innovation Manager, Eva Giner Asensi. We are confident that this partnership will lead to the development of innovative new bio-based packaging solutions that meet the needs of our customers.
New Fundraising Round
We are pleased to announce that we are launching a new fundraising round to support our continued growth and development. We are looking for investors who share our vision for a more sustainable future and are excited to be a part of our journey.
We believe that Mi Terro is well-positioned to lead the revolution in bio-based materials. We have a strong team, innovative technology, and partnerships with leading companies in the consumer goods industry. We are excited to continue our growth and make a positive impact on the environment. Introductions are welcome to any like-minded investors in this network.