Titan Bioplastics has received foundational support and funding from Spartan Innovations and Red Cedar Ventures. Spartan Innovations and Red Cedar Ventures are wholly owned subsidiaries of Michigan State University Foundation (MSU), a hub for creating partnerships that develop economic value from the research and creativity within the Michigan community.
Tanya Hart, CEO of Titan Bioplastics said, “We are extremely honored and proud of the investment into Titan Bioplastics by Spartan Innovations and Red Cedar Ventures, the prestige and opportunity this partnership brings will allow not only allow Titan Bioplastics access to MSU state of the art equipment, labs, and expertise but equally importantly the prolific opportunity to develop commercially viable polymer composite innovations in collaboration with MSU.”
Red Cedar Ventures focuses on growing Michigan startup companies and accelerating commercialization of Michigan State University technologies. Spartan Innovations will support Titan Bioplastics through its Entrepreneur-in-Residence program and additional investment from Red Cedar Ventures. Thanks to these two resources, Titan Bioplastics material innovations will come to market more quickly, build a strong team, and form a relationship with the MSU ecosystem. In addition, Spartan Innovations has a large network of experts, service organizations, investors, and university connections that Titan Bioplastics can leverage.
“Titan Bioplastics is a perfect example of what we do at Spartan Innovations. Working with this talented team through our Entrepreneur-In-Residence program and connecting them with MSU resources, including research, is how we help startups get to commercialization,” said Jeff Wesley, Executive Director at Spartan Innovations, Red Cedar Ventures, and Michigan Rise.
Titan Bioplastics provides sustainable solutions for problems in solving plastic pollution by working with biobased, compostable, and recycled polymers. Titan adapts materials to include Nanotechnology into a variety of resins and composites, often providing a wide range of mechanical properties. Titan provides composite development for companies looking to comply and innovate toward sustainable mandates for bioplastics and recycled plastics.
Titan commercializes material technology innovations for various industries, such as advanced material composites for military and energy environmental technology. Some of their products include coatings, polymer composite development, nano barrier technology, the use of Graphene Oxide and Graphene resin composites and masterbatches, pilot compounding, material testing, bioremediation and energy capture technology.
Brad Fingland, Ph.D., Director of Physical Sciences at Spartan Innovations said: “Titan Bioplastics built a suite of technologies that help address the global demand for sustainable materials at competitive costs. Spartan Innovations looks forward to continuing to partner with Titan Bioplastics’ strong team and to catalyzing new opportunities within Michigan’s ecosystem.”
This partnership benefits both Titan Bioplastics and Spartan Innovations. As a portfolio company, Titan Bioplastics can leverage the resources at Spartan Innovations. As an investor and mentor, Spartan Innovations and Red Cedar Ventures can form new partnerships between Titan Bioplastics and other portfolio companies and, potentially, MSU researchers.