TORAPHENE

Toraphene is a biodegradable, compostable, and commercially-viable plastic packaging substitute and makes plastic packaging obsolete. Toraphene is an environmental technology company that aims to eliminate plastic waste. It has released its product, Toraphene, to solve this crisis. The company asserts that its product is biodegradable even in the ocean, and has been developed using graphene technology. It is focussed on eliminating carrier bags and food containers in its first-round which accounts for 23% of marine waste. It aims to be a segment leader in the projected $25.4 billion biodegradable plastic industry by 2026. The company will use the investment to make Toraphene accessible to companies worldwide and make plastic packaging obsolete.