BluWrap, a technology company that naturally extends the shelf life of fresh proteins, has secured $12.6 million in equity financing, led by Wheatsheaf Investments Ltd, part of the Grosvenor Estate.
The company will use the funds to accelerate adoption of its technology, secure new global sources of protein supply, expand into new global geographic markets, further develop its capabilities in other species of seafood and pork, and develop the next generation of its technology.
Existing investors,Anterra Capital, Firelake Capital, and Rabo Ventures also participated in the round.
BluWrap’s technology allows for the reduction of CO2 emissions by more than 99% without using ice or environmentally harmful polystyrene packaging. This technology maintains an all-natural, controlled-atmosphere environment so fish and other perishable proteins arrive by sea freight in the destination market with the same fresh quality as the day they were shipped.
Based in San Francisco CA, BluWrap also has operations in Talcahuano, Chile. For more information, access the website at www.bluwrap.com.