Fibmold, A Sustainable Packaging Startup, Has Received $10 Million In Funding From Omnivore And Accel.

Fibmold, founded in October 2022 by Param Gandhi and Vaibhav Garg, creates environmentally friendly, molded fiber packaging materials that imitate the functionality of hard plastics.

[{"selector":"#anim-1bca3808-66da-47dc-a0bf-dac0850b6470 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(17.050345523790682%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b648e93d-604f-49d8-905f-146209977026","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-59bfa69e-d78f-4fb1-a14a-a818f30e5475","keyframes":{"transform":["translate3d(0px, 110.17026%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-db170c41-36fd-4e22-90da-df3af1e72bdd","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae411de1-8a08-4006-a735-5b161d7bfe1c","keyframes":{"transform":["translate3d(0px, 104.85400%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

According to the business, its packaging goods are made from natural fibers such as bamboo, bagasse, husk, wheat straw, and even waste paper

[{"selector":"#anim-f1ee1154-dabf-4512-82cb-a8ac16c94cf6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ba33247d-7dbc-409d-ab03-4634adc89584","keyframes":{"transform":["translate3d(0px, 105.65881%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e9da99de-1e66-4241-a778-8d4b04c2a8dc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-435fdef4-a7f2-4333-bb2e-09b4d8084146","keyframes":{"transform":["translate3d(0px, 146.06605%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

According to the business, its packaging goods are made from natural fibers such as bamboo, bagasse, husk, wheat straw, and even waste paper

[{"selector":"#anim-b55ef863-3651-4969-b0cd-2df48f5527a3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-24726eaa-4f83-4d3f-8faa-48278e974e8d","keyframes":{"transform":["translate3d(0px, 105.65881%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1d46d408-4cbf-4d1e-bfb1-6510d8c7cefa","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-58bf0382-8c38-42e5-b8b2-83c5f69a94d5","keyframes":{"transform":["translate3d(0px, 146.06605%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Fibmold claims that by using their eco-friendly packaging solutions, businesses can move away from single-use plastics.

[{"selector":"#anim-2c8ddabd-cec6-417b-bb6c-2be93b31587a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-482f774f-2cd4-4ef5-b7a5-fc7769b44698","keyframes":{"transform":["translate3d(0px, 105.65881%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ee5ae0cb-4d9f-40e9-9db1-7183a0329217","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b0c31f90-a946-4ea9-a2a6-58b2ab9b9877","keyframes":{"transform":["translate3d(0px, 174.33690%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f41fd5c7-a927-4b39-993b-170bd2bff5c0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.552713678800501e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

While China leads in the manufacturing and sale of advanced molded fiber packaging, India’s sector is still in its early phases, according to the business

[{"selector":"#anim-677c446e-8469-4868-a96e-d70bbcb795c6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(24.97305825499076%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-09aa6cd5-19f7-4371-8512-e5444307de38","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a516a2ad-a5ec-4fbf-8489-8a42bb92b840","keyframes":{"transform":["translate3d(0px, 105.65881%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9fbc1935-b2eb-4c5e-baad-0cceeeeb7f48","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8b1e8866-db8a-4a3d-ab09-09ebe1928f48","keyframes":{"transform":["translate3d(0px, 146.06605%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Garg went on to say that the promise of sustainable packaging in replacing single-use plastics is due to its performance parity,

[{"selector":"#anim-393e47e6-294f-43d8-a4a0-aebd13822eb5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.7466432901312388%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-8198c618-af6e-4325-9f20-86484d51b295","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-40861928-f760-4a06-9547-c92492d5c9f9","keyframes":{"transform":["translate3d(0px, 105.65881%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e550fc9d-495c-4e33-8f2a-6ca60036fdeb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-40d941ce-d0c3-4092-b332-a8c4fbe81e65","keyframes":{"transform":["translate3d(0px, 174.33690%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Omnivore’s $150 million Omnivore Agritech & Climate Sustainability Fund is making its second investment.

[{"selector":"#anim-157d70d1-fd82-4bb4-ac6a-9622f8b13030 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-25%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-9e8c3334-b81c-4861-82ec-8971791d5756","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8b7be658-d44e-4419-a57c-59f9b925ee6a","keyframes":{"transform":["translate3d(0px, 105.65881%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-135d2313-a491-4b49-a115-2c19123e5182","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-840cb39d-b3c7-4c93-9959-d84e3232e616","keyframes":{"transform":["translate3d(0px, 174.33690%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]