PlantSwitch discloses a fully sold $13M round for crop-waste plastic

SMU golf teammates Dillon Baxter and Maxime Blandin built PlantSwitch around agricultural waste and a 50M-pound annual production target.

By · Published

Primary source: SEC

Why it matters

PlantSwitch has moved from selling agave straws door-to-door to financing industrial resin production. The $13M filing raises the stakes on whether its crop-waste material can work at factory scale.

A smooth, refined bioplastic block sits next to a pile of dried corn husks and straw, illustrating its origin from agricultural waste.

PlantSwitch disclosed a fully sold $12,999,998 securities offering in an SEC filing on September 14th, giving founders Dillon Baxter and Maxime Blandin fresh capital for their attempt to replace petroleum plastic with material made from crop waste.…

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

Reader comments

Conversation for this story loads after sign-in.