Bioelements had a US$30M financing led by the Brazilian firm BTG Pactual

It solves the problem of waste-related pollution. Bioelements customers give the possibility of wrapping and delivering their products in biodegradable packaging. Unlike traditional plastic, which takes around 400 years to degrade, it takes between six and twenty months to do so. The added value of this packaging is that it degrades naturally under any circumstances (in contact with air, soil, water, and at any temperature) without human intervention. No need for recycling or composting.