Startup · $1.7m raised
Sydney, NSW
Programs: Bupa (eco-Disruptive)
Every investor coverage indicates participated in a round Cassava Bags raised.
Companies Cassava Bags acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Chun Lau | Founder | SmartCompany (23 Jun 2023), SmartCompany (11 May 2023) |
| Telusa Mapapalangi | Founder | SmartCompany (23 Jun 2023), SmartCompany (11 May 2023) |
| Bruce Rossi | President of Purpose · Founder | SmartCompany (23 Jun 2023), SmartCompany (11 May 2023) |
Stories naming Cassava Bags. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Health insurer Bupa has rolled out a $20 million corporate venture vehicle, Bupa Ventures, for early-stage health startups in Australia; the article also recalls Cassava Bags winning Bupa's eco-Disruptive prize and equity crowdfunding.
Bupa's eco-Disruptive program funds six Australian and New Zealand sustainability startups to pilot health and planet solutions; past winner Cassava Bags now supplies the insurer with its biodegradable bags.
Roundup of eight Australian startups that together raised $75.6 million across two weeks, spanning health, batteries, EV fleets, edtech and equity crowdfunding campaigns.
Also The Mandarin·SmartCompany·Techboard·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Forbes Australia
Sydney startup Cassava Bags Australia won Bupa's 2023 eco-Disruptive award for water-soluble cassava bags, having earlier received over $350,000 via Bupa's 2022 program, while a Birchal crowdfunding round remains only an intention.
Also Startup Daily
Techboard's March 2022 roundup of Australian funding: megadeals by Immutable, Saluda Medical, Linktree and Zeller, many smaller raises, acquisitions, an IPO, several fund closes, and companies still seeking capital.
Also Australian FinTech