Asian woman-owned EQUO creates 100% plastic free utensils
Vietnam-based sustainability company EQUO raised $1.3 million in seed funding to create sugarcane-based alternatives to single-use plastics. EQUO, founded in 2020 by Marina Tran-Vu, offers plastic-free and compostable products made of coffee, coconut and sugarcane.
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The difference with EQUO? Creating sustainable products that are convenient and require no change in lifestyle to adopt an eco-friendly alternative. The startup was named one of nine winners of the UNOPS S3i Innovation Center Sweden Global Challenge. EQUO was also a top 18 finalist in the Ending Plastic Pollution Innovation Challenge by the UNDP.
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EQUO products are available on Amazon, on their website and several retailers. The funds from the seed round raise will be used to expand the product line, develop the technical capabilities to scale the business quickly and to increase brand awareness.