Cruz Foam

Santa Cruz, CA · Founded 2017 · Privately Held (backing)

Developer of foam plastic materials designed to power up the packaging industry to be a catalyst for a cleaner environment. Cruz Foam is based in Santa Cruz, CA and was founded in 2017. Its last reported valuation was $92.1 million in Apr 2025. It has raised $26.6 million.

Last reported valuation
$92.1M
Oct 2026
Priced at
—
Total raised
$26.6M
Last round
—

Cruz Foam key facts

as of Oct 2026
  • Developer of foam plastic materials designed to power up the packaging industry to be a catalyst for a cleaner environment.
  • Cruz Foam is valued at approximately $92.1M as of Oct 2026 (last reported valuation).
  • It has raised $26.6M; the latest was Later Stage VC ($3.1M) in Apr 2025.
  • Notable investors include Plug and Play Tech Center, Techstars, US National Science Foundation, Climate Capital, Alchemist Accelerator — 31 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$92.1M

Cruz Foam's last reported valuation, Apr 2025. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Cruz Foam funding rounds

No rounds on record

No funding rounds for Cruz Foam are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Cruz Foam valuation

Cruz Foam's last reported valuation was $92.1 million in Apr 2025. No priced round, secondary trade or fund mark has surfaced since.

Cruz Foam investors

31 investors are on record for Cruz Foam, including Plug and Play Tech Center, Techstars, US National Science Foundation and Climate Capital. By type, the record holds 5 venture capital firms and 1 asset manager.

About Cruz Foam

Developer of foam plastic materials designed to power up the packaging industry to be a catalyst for a cleaner environment. The company's materials are produced by transforming chitin, a biopolymer found in shrimp shells, into structural foams that replace petroleum-based foams through an environmentally friendly process, enabling companies to tackle the problem of plastic pollution by creating a biodegradable packaging replacement for single-use plastics.

Sector
Materials and Resources
HQ
Santa Cruz, CA, United States
Founded
2017
Employees
35
Ownership
Privately Held (backing)

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