Salt Lake City, Utah - EcoScraps has received $1.5 million in financing for its mission to provide organic lawn and garden products free of chemicals and manure. The round’s lead investor was Kickstart, joined by DBL Investors and Peterson Ventures.
EcoScraps diverts produce waste taken from local grocery stores and restaurants and turns it into compost and other lawn and garden products. The company recycles food waste into nutrient-rich products that help plants grow healthier and stronger in an environmentally friendly way.
“This represents a significant round of financing for EcoScraps and will be used to expand our products into new markets, continue developing our line of products, and attract new talent to our growing team,” stated EcoScraps CEO and co-founder Dan Blake. “Americans generate more than 30 million tons of food waste each year. Our company offers a sustainable solution to repurposing leftover fruits and vegetables.”
Founded in 2010, EcoScraps is now manufacturing its products in Utah, Arizona and California, and plans to use the funding to expand into new markets. They currently sell in Utah, Colorado, Arizona, New Mexico and California.