A consortium of investors led a $17m Series A funding round in Great Wrap.

W23, Thomas Trading, Grill’d Innovation Fund, Giant Leap, Small Giants, Thai Wah Ventures, GroundSwell, Trail Mix Ventures and Springbank Collective led a $17m Series A funding round in Great Wrap, a manufacturer of compostable wrap based in Melbourne, Victoria. “The world’s largest companies are making plastic reduction commitments to end plastic waste, but unfortunately, we will not recycle our way out of this mess. Our technology can support this transition to a safer and cleaner future, and we now have the capacity to manufacture all of Australia’s stretch wrap, thanks to our impact-aligned investors who’ve helped create a brighter future for all," Julia Kay, Great Wrap Co-Founder.