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Toraphene Ltd
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==Idea== <vimeo>409811968</vimeo> Plastic waste is an undeniable, global environmental crisis. Many plastic alternatives exist but often biodegrade only under specific man-made conditions, tear easily, shorten food shelf-life & can’t be produced economically at scale. Toraphene™ is naturally compostable & biodegradable without human intervention, even in the ocean. Developed using breakthrough graphene technology, we believe it is stronger, thinner, & less permeable than alternatives, improving food safety & shelf life, & is an economically-viable alternative to plastics. We’ve tested our MVP against plastics, & our patented solution presents an entry barrier to competitors. We focus first on carrier bags and food & drink containers, which are 23% of marine waste. We rent production equipment from plastic bag manufacturers & are in talks with retailers & packaging users. Our low overhead manufacturing model plugs into existing supply chains, making global implementation easy. Funding will fuel the rollout of Toraphene™ & the piloting & launch of new products. Due to government bans on plastics & rising environmental awareness amongst consumers, the $4.7bn global biodegradable packaging market (2019) could hit an est. $25.4bn by 2026 (21% growth p.a.) With much activity in this huge market, we need to act fast. Help us make Toraphene™ accessible to companies worldwide & make plastic packaging obsolete.
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