According to filings with the U.S. Securities and Exchange Commission, Phoam Labs is raising up to $2,250,000.00 in new funding. Sources indicate that as part of senior management Chairman, Ian Butcher played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Phoam Labs
By replacing traditional foam materials with a compostable polylactide (PLA) foam, Phoam Labs patented floral foam bricks are bringing a non-toxic, renewable and fully functional option to the floral industry. Phoam Labs’ floral foam generates no micro-plastics and contains no harmful chemicals for our employees, users, and the environment. Switching to our floral foam means using a PLA product, which is derived from corn and totally renewable within a 12-month cycle. Our products have been engineered to be compostable – made from nature, they are engineered to degrade and return to nature – to reduce the unnecessary waste in the floral industry. Our floral foam is designed to be as functional as any other foam – there will be no sacrificing function for sustainability.

To learn more about Phoam Labs, visit http://www.phoamlabs.com/
Phoam Labs Linkedin Page: https://www.linkedin.com/company/phoamlabs/

Contact:
Ian Butcher, Chairman
707-303-6878
https://www.linkedin.com/in/ian-butcher-13688214a/

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