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Is Seaweed the Answer to Single-Use Plastic?

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

The company behind a seaweed-derived alternative to polybags and other forms of single-use plastic has closed on a $2.5 million seed raise led by a Starbucks-affiliated fund. Sway, a Berkeley-based biomaterials firm, raised enough cash from Valor Siren Ventures, along with Alante Capital, the Sustainable Ocean Alliance and Conservation International Ventures, to start plotting some…

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