SC Launch Awards $250K Investment to Greenville-based Bubble Paper
Sustainable Packaging Company Bubble Paper Receives Funding Boost
In a move signaling noteworthy advancement for eco-friendly business solutions, SC Launch, the investment affiliate of South Carolina Research Authority (SCRA), awarded on July 23 a substantial investment of $250,000 to a Greenville-based company called Bubble Paper. The company specializes in producing an environmentally friendly alternative for conventional plastic shipping materials.
A Profitable Partnership for Sustainable Future
Bubble Paper began working early on with SCRA and SC Launch Inc., fostering a collaborative relationship focused on shared mission and mutual benefit. Benjamin Moore, Founder of Bubble Paper, expressed his gratitude for the partnership, remarking, “We were fortunate to start working with the SCRA and SC Launch Inc. teams early on. They understood our mission and partnered with us to create a friendly and mutually beneficial investment partnership. These early investments were key in helping us innovate and scale our production capability, allowing us to focus on growth and efficiency.”
The eco-conscious Bubble Paper’s products break the molds of traditional packaging, being sustainable from the moment they are manufactured to the time of disposal. Founded with a mission to reduce environmental impact without compromising packaged goods’ safety, Bubble Paper is changing the way businesses ship their products, one package at a time.
Previous Investments and Growth
Bubble Paper became an SCRA member company back in 2018. Since this association, it has successfully garnered a substantial amount of funds, including a $25,000 project development fund grant, a $50,000 acceleration grant, and $600,000 from SC Launch in two previous appraisals. This latest contribution truly appreciates and recognizes Bubble Paper’s commitment to creating innovative, sustainable solutions for industries relying heavily on packaging and shipping.
The investment is likely to help Bubble Paper expand its production and potentially disrupt the traditional packaging industry with its eco-friendly solutions, making a more significant mark on the market and contributing forcibly to a sustainable future.
Continuing Growth Ahead
With the freshly secured funding, the company is set to enhance its growth and production efficiency. Supporting such companies is not only significant in terms of economic impact, heights of innovation, and job creation but it’s also elemental to sustainable growth and combating the present ecological crises. This reality is now being recognized and backed by conscious investors like SC Launch. SCRA and SC Launch Inc.’s backing is a clear indication of their faith and commitment towards this endeavor and their willingness to support businesses that bring about positive environmental change.
