# TripleW

**Source:** https://www.startuphub.ai/startups/triplew
**Profile type:** Startup

> Upcycles food waste into high-value lactic acid using climate-transformative technology.

## About

TripleW is a startup focused on sustainable solutions for food waste. They utilize a proprietary, climate-transformative technology to upcycle food waste into high-demand lactic acid, a valuable chemical compound used in various industries. Their approach aims to create a circular economy by transforming waste into a valuable resource.

## Key facts

- **Slug:** triplew
- **Website:** http://triplew.co
- **Location:** Tel Aviv, Israel
- **Founded:** 2016-01-20
- **Employees:** 27
- **Operating status:** Inactive
- **Total funding:** $17M
- **Sectors / tags:** Life Sciences, Food Waste, Food, Climate Tech, Waste Management, Biotech, Circular Economy, Industrial Biotechnology, Chemicals, Sustainability
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/triplew-ltd/

## Frequently asked

### What does TripleW do?

TripleW is a startup focused on sustainable solutions for food waste. They utilize a proprietary, climate-transformative technology to upcycle food waste into high-demand lactic acid, a valuable chemical compound used in various industries. Their approach aims to create a circular economy by transforming waste into a valuable resource.

### What is TripleW's revenue?

StartupHub estimates TripleW's annual revenue at $4.8M (range $2.6M to $7.3M, 64% confidence), based on comparable companies in the sector.

### What is TripleW's valuation?

StartupHub estimates TripleW's effective valuation at $68.0M (range $41.3M to $99.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has TripleW raised?

TripleW has raised a total of $17M in funding. The most recent round on record is Series B.

### Where is TripleW headquartered?

TripleW is headquartered in Tel Aviv, Israel.

### When was TripleW founded?

TripleW was founded in 2016.

### What industry does TripleW operate in?

TripleW operates in Life Sciences, Food Waste, Food, Climate Tech, Waste Management, Biotech.

### How many employees does TripleW have?

TripleW has approximately 27 people on record.

### What is TripleW's current status?

TripleW's current operating status is: Inactive.

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