Generation Food Rural Partners I (GFRP) has announced the merger of TerraSafe Materials and DisSolves, aimed at bridging the technology gap between packaging materials and films.<\/p>\n
The combined entity, now operating under the TerraSafe brand, aims to provide a broad range of high-performance packaging solutions designed for the food industry. It intends to bring 100% plastic-free solutions to market at cost parity.<\/p>\n
GFRP is a Rural Business Investment Company-licensed fund managed by Big Idea Ventures, a global investor in food and agricultural technology.<\/p>\n
The merger is a response to the need for a material revolution within the packaging industry, aiming for a circular and regenerative economy. TerraSafe\u2019s platform model, combined with DisSolves\u2019 edible, food-grade film technology, is set to expedite the transition away from unsustainable fossil-fuel-based packaging.<\/p>\n
TerraSafe CEO Scott Bolin said: \u201cCombining TerraSafe and DisSolves opens the door for new product use cases that make sustainable packaging the easier choice. Our dissolving, edible pods are a waste-free replacement for single-serving sachets. <\/p>\n
\u201cCombined with the TerraSafe engine, we\u2019re bringing it to market even faster than we had planned.\u201d<\/p>\n
The combined company is set to provide a range of biobased substrates, coatings, and edible films.<\/p>\n
According to a press release, these solutions are designed to address the growing environmental and health concerns related to traditional plastic packaging.<\/p>\n
TerraSafe\u2019s material platform spans barriers, foams, rigid substrates, and more.<\/p>\n
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