Ecopol, a Chiesina Uzzanese, Italy-based developer and producer of innovative biodegradable films and delivery systems, invested in JRF Technology, a Tampa, FL-based developer of water-soluble polymer and edible film technology.
The amount of the deal was not disclosed.
The company intends to use the funds to expand R&D capabilities and accelerate development of next generation sustainable delivery systems.
Co-Founded by James Rossman and Richard Fielder, JRF is an innovation and R&D organization focused exclusively on water-soluble polymer technology. From its GMP laboratory in Tampa, Florida, the company provides innovation services to multinational consumer goods companies and startups alike, with expertise in polymer formulation, product development and technology transfer from the R&D lab to commercial-scale production.
Ecopol is a global producer of water-soluble and biodegradable films and delivery systems. The company’s innovative solutions for unit-dose applications allow the world’s leading brands to significantly reduce CO2 emissions and the usage of water and virgin plastic throughout their supply chains. Headquartered in Tuscany, Ecopol operates production campuses in Italy and the United States.
FinSMEs
08/12/2023