#CWI20 Planet Protector Packaging raises $1.25m in its crowdfunding campaign
Planet Protector Packaging, founded by #CWI20 fellow Joanne Howarth, announced that it raised $1.25m from its crowdfunding campaign. The company is on a mission to save the ocean from expanded polystyrene by replacing it with Woolpack, its environmental solution that uses sheep wool waste in its packaging.
With annual revenues over $5 million, the company is poised to scale and will invest the money into expanding its operations. The company sends wool to China for processing as there are no capabilities in Australia, and is working to bring processing back onshore. By bringing wool processing back home to Australia, it will drive wool manufacturing into the future.
Planet Protector Packaging has replaced over 7.5 million polystyrene boxes and its clients include many iconic brands.
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