Solegear secures undisclosed amount in Series A bioplastics financing
August 15, 2012
| Jim Lane
In Canada, Solegear Bioplastics has secured Series A financing, led by Yaletown Venture Partners and joined by a number of leading angel investors. Based in Vancouver, Solegear engineers, produces and distributes high-performance bioplastics made from rapidly renewable resources. Founded in 2006, Solegear has developed proprietary bioplastics formulations under the brand name Polysole – a 100% bio-based, non-toxic and compostable bioplastic. Yaletown Venture Partners is headquartered in Vancouver, Canada with offices in Calgary and Seattle. No financial details were given at this time.
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