Avery Dennison chose these startups for their potential to evolve the label and packaging industry. Other criteria included their experience in bringing products to market, generating sales and ability to partner with a Fortune 500 industry-leader.
The startups are:
BeFC: the startup’s paper biofuel cells use enzymes to convert glucose and oxygen into electricity - a sustainable alternative to traditional miniature batteries. The expertise of Avery Dennison combined with BeFC's printable and flexible bio-batteries will empower the next generation of logistics, medical devices, health wearables and environmental devices.
Moree: Moree makes it easy for food companies to switch to reusable packaging with their innovative Reusable Packaging as a Service. They offer reusable pouches, easy returns and digital rewards for customers, all while tracking inventory, orders and environmental savings through their SaaS platform. Together with Avery Dennison, Moree will help brands take a big step towards zero waste, while encouraging more sustainable lifestyles.
Peafowl Plasmonics: the startup’s light harvesting cell can invisibly power any conductive surface, including transparent ones, revolutionizing electronic devices. With their expertise in plasmonics, nanomaterials and solar capture, Peafowl Plasmonics will join Avery Dennison on a journey towards sustainable energy.
Puro Renewables: Avery Dennison and Puro Renewables will collaborate on a mission to eliminate the long-term impact of plastic waste. Puro Renewables transforms plastic product manufacturing by utilizing carbon-negative, bio-renewable biowaste materials. They help major manufacturers and brands create desirable products while reducing reliance on fossil fuels, decreasing their carbon footprint.
Stemly: Stemly automates forecasting and optimizes supply chain, finance and sustainability decisions. Together with Avery Dennison, and with an AI-powered platform and diverse dataset management, Stemly delivers fast implementation and accurate forecasts, enabling executives to make better and more interconnected decisions across the company.