The founders began by selling greener restaurant supplies, nearly quit when restaurants closed, and then moved upstream into resin and factories. A $17 million round and a World Cup-sized order have now tested whether compostable packaging can finally behave like the plastic it replaces.
Most green materials ask you to pay more and change everything. Applied Bioplastics bet the opposite - that plant-based plastic only wins if it drops into the machines factories already own, at a price they already pay.
Mango Materials is a biomanufacturing company that converts waste methane - the same gas that vents from landfills and wastewater plants - into biodegradable polyhydroxyalkanoate (PHA) pellets sold under the YOPP brand. The pellets replace conventional plastics in fibers, films, rigid goods, and 3D-printing feedstock, and they fully biodegrade in soil, freshwater, and marine environments.