Vericool, a Livermore, Calif.-based startup that's replacing plastic coolers and packaging with plant-based products, has raised $19.1 million in a new round of financing. The company's stated goal is to replace traditional packaging materials like polystyrene with plant-based insulating packaging materials. Its technology uses 100% recycled paper fibers and other plant-based materials, according to the company, and are curbside recyclable and compostable.
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