What Corumat does

Corumat, Inc. is a privately held materials science company founded in 2013 that micro-engineers bio-based materials and thermoplastics into lightweight, high-performance packaging and components using a patented process and machinery. Its core technology generates patent-pending lightweight structures in plant-based materials and most thermoplastics, yielding products claimed to be 80-90% less carbon intensive than solid petroleum plastics while competing on price and performance. The company offers two primary product lines — Big Green Loop® plant-based packaging (including food-waste-derived variants validated as carbon negative by internal LCA) and High Performance Materials for sporting goods, transportation, and elastomeric applications — alongside grant-funded R&D services.

The business operates on a sales-led, partnership-driven model targeting three segments: food packaging manufacturers, materials/manufacturing buyers, and waste management/circular economy partners. Revenue mechanics include custom pilot and specialty packaging orders, joint development agreements, R&D partnerships, and grant-collaboration engagements; pricing is undisclosed and quote-based. The company has secured over $5M in non-dilutive funding via SBIR, foundation, and state grants, with specific NSF awards in 2016 ($230K) and 2017 ($1.33M) and a subsequent $1.32M raise in 2019; it has also helped partners win a $3M Cal Recycle Grant. Operations are US-based with future-facing ambitions for waste infrastructure in the developing world. Current certifications include ASTM D6400 raw materials and food-contact safety, with GFSI and BPI certifications in process. Leadership consists of CEO Mike Waggoner and Chief Engineer Adam Freres, with the broader team reported at 1-10 employees.

Name

Corumat

Legal name

Corumat, Inc.

Website

https://corumat.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Corumat is a materials science company that micro-engineers bio-based and thermoplastic materials into lightweight, high-performance packaging and components. It serves food packaging manufacturers, transportation, sporting goods, and circular economy waste-management partners through pilots, R&D partnerships, and grant-funded research.

Ownership category

akta.pro rank

Product category

Sustainable Packaging Materials

NAICS

Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Plastics and Rubber Products Manufacturing (326)

SIC

Unsupported Plastics Film & Sheet (3081), Papers & Allied Products (2600)

akta.pro primary industry

Compostable & Bio-Based Packaging (PLA/PHA, Starch Blends, Cellulose Films) (IMALAMAB)

akta.pro secondary industries

Compostable & Bio-Based Flexible Packaging (PLA, PHA, Cellulose Films) (IMALABAO), Foodservice/To-Go Packaging (Cups, Clamshells, Cutlery) (IMALAHAM)

Keywords

• Sustainable packaging materials
• Bio-based plastics
• Plant-based packaging
• Materials science research
• Carbon negative materials

Headquarters

HQ city

Mercer Island

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Operations, Infrastructure

Revenue model

1. Pilot and Specialty Packaging Products: Corumat generates revenue through the sale of pilot and specialty packaging products made from plant-based materials. These products compete on price and performance with conventional plastics, targeting customers seeking sustainable packaging solutions.
2. Research and Development Partnerships: Joint development projects with partners where Corumat provides materials science expertise to create tailored properties for specific applications. Revenue generated through R&D collaboration agreements.
3. Non-Dilutive Grant Funding: The company has received over $5M in SBIR, Foundation, and State Funding. They collaborate with partners on grants and recently helped partners win a $3M Cal Recycle Grant.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Corumat is a materials science company that micro-engineers products made from sustainable plant-based materials and thermoplastics using a patented process and machinery. The company produces Big Green Loop® high performance packaging from food waste, lightweight high performance materials for sporting goods, transportation, and elastomeric applications, and offers grant-funded research and development partnerships. Its products are 80-90% less carbon intensive than petroleum plastics while competing on price and performance.

Product overview

Corumat is a materials science company offering two core product lines: Big Green Loop® Packaging (high performance plant-based packaging made from food waste) and High Performance Materials (micro-engineered thermoplastics for lightweight, tough, insulating applications). The company also provides Grant-Funded Research services for joint development projects. Their patented technology converts bio-based materials and thermoplastics into lightweight, strong, tough, insulating end products that are 80-90% less carbon intensive than conventional petroleum plastics.

Differentiator

Problem solved

Functional benefit

Brands

• Big Green Loop®: High performance packaging product line made from food waste with carbon negative properties. Enables profitable diversion of organic wastes from landfills and generates waste infrastructure in developing world to fight ocean plastics.

Products and services

• Big Green Loop® Packaging High performance plant-based packaging made from food waste with strong environmental messaging. Products are heat stable, insulating, low carbon or carbon negative, and LCA-verified. Produced in a GFSI-certified food packaging factory using food-contact certified and ASTM D6400 certified raw materials. Designed for food and consumer product companies seeking sustainable packaging that competes with conventional plastics on price and performance while enabling a circular economy.
• High Performance Materials Micro-engineered thermoplastics and bio-based materials that are lightweight, high performance, tough, and insulating. Products can be up to 70% lighter than conventional alternatives and support applications in sporting goods, transportation materials, and elastomeric products. Custom-engineered materials available through joint development agreements with manufacturers seeking tailored property profiles.
• Grant-Funded Research Joint development and grant-assisted R&D services leveraging Corumat's patented micro-engineering process. Includes collaborative grant work with partners, joint development agreements, and research and manufacturing partnerships. Designed for organizations seeking to develop sustainable materials for specific applications or to participate in circular economy and waste diversion initiatives.

Quantifiable outcome

• 80-90% reduction in carbon intensity compared to solid petroleum plastic products
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Food Packaging Factory (GFSI Certified)coreStrategic or Co-development PartnerCorumat produces packaging in a food packaging factory with GFSI certification. The factory processes food-contact certified raw materials for packaging production.
• Research and Manufacturing PartnerscoreStrategic or Co-development PartnerOpen to joint development agreements, research and manufacturing partnerships. Collaborates with partners on grants and helped partners win a $3M Cal Recycle Grant.
• Cal Recycle Grant PartnersminorStrategic or Co-development PartnerRecently helped partners win a $3M Cal Recycle Grant for collaborative initiatives.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Notpla: Notpla develops bio-based, plastic-free packaging from seaweed and plants targeting foodservice and consumer brands. Like Corumat, it sells sustainable packaging that competes on performance with conventional plastics and emphasizes carbon-negative or low-carbon LCA outcomes.
• Loliware: Loliware produces seaweed-based compostable packaging and straws for foodservice and consumer brands. Like Corumat, it is a small, materials-science-driven company selling plant-based alternatives to single-use plastics with a strong sustainability story.
• Plantic Technologies: Plantic Technologies makes bio-based, biodegradable packaging films from renewable starch for food and retail applications. It targets the same sustainable flexible packaging category as Corumat with comparable performance and compostability positioning.
• TIPA Corp: TIPA produces fully home-compostable flexible packaging films and laminates for food and apparel brands. It directly overlaps Corumat's compostable, bio-based flexible packaging offering and competes for the same CPG and food packaging customers.
• Danimer Scientific: Danimer Scientific manufactures PHA-based bioplastics used in compostable films, coatings, and food packaging. It is a publicly traded direct competitor in the bio-based flexible packaging and thermoformed products space that Corumat targets.

Emerging players

• Cruz Foam: Cruz Foam develops bio-based protective packaging made from chitosan for shipping and e-commerce. It is an emerging sustainable-materials startup with a similar materials-science approach and pilot-stage commercialization to Corumat, although focused on protective rather than food packaging.

Broad incumbents

• Novamont: Novamont is an established European producer of Mater-Bi bioplastics used in compostable bags, food packaging, and agricultural films. As an incumbent bioplastics producer, it competes broadly with Corumat in bio-based and compostable packaging materials.
• NatureWorks: NatureWorks is the world's largest PLA producer, supplying Ingeo biopolymer for compostable packaging, foodservice ware, and 3D printing. As the dominant bio-based plastics incumbent, it supplies many of the same converters Corumat aims to serve.
• Amcor: Amcor is a global flexible and rigid packaging incumbent actively expanding into recyclable and bio-based packaging portfolios. It represents the large incumbent that Corumat's pilot customers may ultimately default to if Corumat cannot scale.
• TotalEnergies Corbion (now TotalEnergies): TotalEnergies Corbion is a major producer of PLA (Luminy) bioplastics used in compostable food packaging and foodservice ware. It competes with Corumat at the resin-supply layer of the bio-based packaging value chain.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/corumat

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Corumat