Amcor reveals Lift-Off seed capital winners with investments that seek to "drive the revolution in packaging" - PR Newswire APAC
Summary
The properties of this new biomaterial match both the mechanical and functional requirements needed for quality packaging and provide a more sustainable end-of-life solution, being both recyclable and biodegradable. "Developed at the University of Waterloo, Nfinite Nanotechnology is a venture-backed startup in Canada, revolutionizing nanocoating to provide superior performance for keeping products fresh and enable the use of truly sustainable packaging at a commercial scale and cost. Amcor Lift-Off is part of the organizations corporate venturing work focused on investing in innovative businesses and more sustainable packaging solutions to drive long-term growth. Earlier this year, Amcor announced a strategic investment in PragmatIC Semiconductor, a world leader in ultra, low-cost electronics which can be embedded into packaging. Amcor works with leading companies around the world to protect their products and the people who rely on them, differentiate brands, and improve supply chains through a range of flexible and rigid packaging, specialty cartons, closures, and services.