Mxg Fiber

Mxg Fiber

Manufacturing packaging that replaces single-use plastics and sequesters carbon

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Security Type
SAFE
Categories
Retail
Min Investment
$100
Location
Houston, TX
Offering Date
June 21, 2021
Expected Close Date
September 19, 2021

Company Description

MxG Fiber manufactures reliable, high quality, cost effective, safe, and fully traceable packaging. Our products are not impacted by trade or logistics issues, because we are 100% made in the U.S.A. and vertically integrated with a dedicated fiber supply from America’s farming communities. 

Key Deal Facts

Our products replace foam and plastic containers used in the take-out food industry
Our raw material sequesters atmospheric carbon that is verified and sold on exchanges like Nori
Demand for sustainable packaging is growing at 30% annually in North America and 51% in Europe
Bans on some single-use plastic already exist in San Francisco, Baltimore, Seattle, and many more
A ban on single-use plastic in the European Union began in 202195%+ of fiber packaging in the US is imported from China; MxG Fiber is made in the USA and is cost competitive
MxG is working with multiple national restaurant chains to validate designs and establish long-term supply agreements
Driven team with direct experience in agriculture, manufacturing, and packaging

Management Team / Advisory Board Bios

Matt Griswold, CEO
I could not be prouder to lead an outstanding team as we execute our mission to provide solutions for two of the largest challenges our world faces today- single-use plastics and climate change.

Alex Romano, Chief Operating Officer
Amount Raised : $0
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Security Description

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