Daphna Nissenbaum (right) and Patrick Gerritsen. (photo from Tipa)
Tipa Compostable Packaging, an Israeli startup in the cleantech field, has acquired European compostable packaging company Bio4Pack for $8 million. Tipa has raised $130 million to date, including $70 million raised in January 2022. Meanwhile, Aligned, an Israeli startup developing a B2B buyer-seller network, completed a $5.8 million Seed round led by Hetz Ventures and NFX.
Founded in 2021 by CEO Gal Aga, Aligned boasts it is pioneering the way that B2B revenue teams interact with customers in the new remote selling world. Aligned provides customer journey intelligence and AI-driven customer engagement automation. The platform, says the company, “simplifies and enhances” the buyer-seller experience, while uncovering blind spots in the customer journey, ultimately helping reps gain more control and “improve efficiency, predictability, and growth.”
“B2B buying and selling is a chaotic process involving numerous stakeholders and often months of back and forth, with many blind spots and moving parts to control,” said Gal Aga, CEO and co-founder of Aligned. “These modern times present a game-changing opportunity to do what companies like Slack and Zoom did to the way we connect, which in the case of Aligned, is to make buying and selling more impactful for both sides, even enjoyable. We’re passionate about leading this change to make the B2B buying and selling experience frictionless, collaborative, and streamlined.”
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Founded in 2009, Bio4Pack calls itself the specialist in the field of compostable, sustainable packaging. Since 2009 we have been actively involved in the development and production of packaging that meets the desire of many consumers and producers to use fossil fuels responsibly. This has resulted in a complete range of compostable and sustainable packaging that comply with various stringent EN, AS, OK Compost Home, OK Biobased and ASTM standards.
Founded in 2010, Tipa has developed new biodegradable packaging solutions for the food industry. The company boasts that these unique packaging solutions degrade biologically in up to 180 days in industrial compost – compared to regular common plastic packages that degrade in dozen of years.
“There is a great value and strength in cooperating with other players in the sustainable packaging solutions industry. The acquisition of Bio4Pack enables us to expand our existing expertise and portfolio and continue to grow TIPA’s custom packaging solutions,” said Tipa CEO Daphna Nissenbaum.
Patrick Gerritsen, Bio4Pack CEO, added, “It is an honor to be acquired by Tipa, as this company is well-known throughout Europe – and around the world – for their innovative packaging. With both companies’ extensive experience in this field, I am confident we will be able to significantly reduce plastic pollution on Earth.”
