PulpaTronics secures pre-seed funding to scale sustainable inventory tracking technology
The pre-seed round was backed by investors including the Royal College of Art Design and Innovation S/EIS Fund and Infinity Asset Management.
PulpaTronics develops sustainable and chipless radio frequency identification tags designed to replace single-use metal components in retail inventory tracking.
PulpaTronics has secured pre-seed funding to advance its sustainable radio frequency identification technology. The round was co-led by the Royal College of Art Design and Innovation S/EIS Fund and Infinity Asset Management, with participation from Sustainable Ventures, NextSTEP, Cranfield Seed Fund, molecules.vc, and several angel investors. The capital will be directed towards accelerating product development, initiating industry pilot programmes, and scaling operations.
The company creates recyclable, metal-free inventory tags that use laser-induced conductive circuits on paper. This approach aims to address the billions of tags discarded as electronic waste annually while integrating cleanly with existing paper recycling streams.
From the founder
"We are thrilled to announce the closing of our pre-seed funding round. We are grateful to all the investors who have joined us on our journey."
Chloe So
CEO at PulpaTronics
Investor perspective
"PulpaTronics has the potential to make serious inroads in a market currently worth around $8 billion a year and producing 18 billion tags annually with its sustainable low-cost solution. We’ve been incredibly impressed by the founding team and look forward to supporting PulpaTronics via InnovationRCA, The RCA’s award-winning incubator."
Nadia Danhash
Director of InnovationRCA, RCA Design & Innovation S/EIS Fund
Use of funds
- 01Continue product development
- 02Scale operations
Investors
Nadia Danhash
RCA Design & Innovation S/EIS Fund
Sarah Butler
Infinity Asset Management
Sustainable Ventures
NextSTEP
Cranfield Seed Fund
molecules.vc
Categories
About the company
PulpaTronics
PulpaTronics builds sustainable radio frequency identification tags for retail inventory.