Plastic Alternative Startup Solutum Wins Tel Aviv University Startup Competition
Founded in 2017, Solutum develops plastic-like bags that fully dissolve in water
Hagar Ravet | 17:40 05.06.2019
Plastic alternative startup Solutum Ltd. has won Tel Aviv University’s Coller School of Management third annual startup competition, held Monday. As their prize, the company won a $100,000 investment from Jeremy Coller, the school’s namesake, who serves as chief investment officer at London-based private equity firm Coller Capital Ltd. Founded in 2017, Solutum develops plastic-like bags that are capable of fully dissolving in water.
Contextual Web Ltd., a company founded in 2018 that develops a search engine specializing in indexing technology, won second place and a $25,000 investment.