TemperPack raises $22.5M to expand business, engineer new products
TemperPack engineers, manufactures and distributes sustainable packaging products that replace single-use plastics with proprietary bio-based materials.
TemperPack, Richmond, Va., raised $22.5 million in Series B financing led by Revolution Growth, Washington, D.C., with other new investors such as Harbert Growth Partners, Richmond, Va.; Arborview Capital, Chevy Chase, Md.; and Tao Capital Partners, San Francisco; as well as existing investor SJF Ventures, Durham, N.C. With the new financing, Todd Klein, partner at Revolution Growth, and Brian Carney, general partner at Harbert Growth Partners, will join the board.
TemperPack engineers, manufactures and distributes sustainable packaging products that replace single-use plastics with proprietary bio-based materials.