Company turns food waste into compost, soil and more.
EcoScraps is turning trash into treasure, creating organic lawn and garden products from food waste. The Salt Lake City-based company just raised $1.5 million to expand into new markets from KickStart, DBL Investors and Peterson Ventures.
EcoScraps diverts produce waste taken from local grocery stores and restaurants and turns it into compost and other lawn and garden products that are free of chemicals and manure. The company recycles food waste into nutrient-rich products that help plants grow healthier and stronger in an environmentally friendly way.
“This represents a significant round of financing for EcoScraps and will be used to expand our products into new markets, continue developing our line of products, and attract new talent to our growing team,” stated EcoScraps CEO and co-founder Dan Blake. “Americans generate more than 30 million tons of food waste each year. Our company offers a sustainable solution to repurposing leftover fruits and vegetables.”
According to the USDA, Americans throw out about 30 million tons of food every year, generating up to 9 percent of US pollution. EcoScraps is trying to keep that food out of the landfill, creating soils, fertilizers, growth products and more.
Founded in 2010, EcoScraps is now manufacturing its products in Utah, Arizona and California, and plans to use the funding to expand into new markets. They currently sell in Utah, Colorado, Arizona, New Mexico and California.