Loliware
Seed Round in 2023
Loliware LLC is a company based in Beacon, New York, that specializes in manufacturing biodegradable and edible disposable cups and other single-use products aimed at eliminating plastic waste. Founded in 2015, the company has developed an innovative range of products made from bio-renewable seaweed, which are designed to be compostable and environmentally friendly. Loliware's mission is to promote a plastic-free, decarbonized future by offering alternatives that are not only compostable but also have a lower carbon footprint compared to traditional plastics. Their initial product, an ocean-safe and tree-free drinking straw, has received accolades for its potential to set new industry standards. The company is actively working on expanding its product line, with plans to introduce six new items by the end of 2023, all of which aim to provide sustainable solutions for chefs, restaurant chains, and eco-conscious businesses looking to reduce their environmental impact.
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