Lingrove Raises $10M in Financing

Lingrove, a San Rafael, CA-based composite materials company, raised $10M in funding.

The round was led by Lewis & Clark Agrifood and Diamond Edge Ventures, with participation from Bunge Ventures and SOSV.

The company intends to use the funds to ramp up production of ekoa^®, a natural, durable, and carbon-negative alternative to conventional materials used in construction.

Led by CEO Joe Luttwak, Lingrove is working to create, carbon-negative interiors to combat climate change. The company’s composite ekoa^® can replace wood, plastics and even metal in most interior applications from walls and cabinetry to furniture and automotive finishes, offering a clean product that ensures healthy indoor air and commercial-grade quality.

FinSMEs

18/12/2023