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Private Capital Markets

<ul><li>Alterpacks, a Singapore-based provider of biodegradable food containers, has closed its US$1 million pre-seed funding round.</li><li>The company provides new economic value to spent grains, a by-product of the food manufacturing process, after producing malted drinks, such as milo or beer.</li><li><p>Alterpacks is also creating bio-pellets to replace petroleum-based resins used in standard manufacturing machines today.</p></li></ul>

Alterpacks, a Singapore-based provider of biodegradable food containers, has closed its US$1 million pre-seed funding round.The company provides new economic value to spent grains, a by-product of the food manufacturing process, after producing malted drinks, such as milo or beer.Alterpacks is also creating bio-pellets to replace petroleum-based resins used in standard manufacturing machines today.

Bio-Degradable Food Container Startup Alterpacks Raises US$1M Funding

AlterPacks

Bio-Degradable Food Container Startup Alterpacks Raises US$1M Funding