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Loliware closes $6MM venture round with top impact investors; Hatzimemos / Libby Leads Round for Seaweed-based Material Technology Startup as Fortune 500 Customers from 68 Countries Order Billions of Straws

Jan 19, 2020 - PR Newswire

PR Newswire

BEACON, N.Y., Jan. 19, 2020 /PRNewswire-PRWeb/ -- LOLIWARE, the world's leading seaweed-based material technology company replacing plastics, announced the close of a $6MM financing round, led by prominent NY venture firm Hatzimemos / Libby. As part of this announcement the company added new leadership, a new board member and announced that demand for billions of LOLIWARE's Straw of the Future -- seaweed-based, biodegradable straws -- spans 68 countries across six continents. L...