# TerraVerdae gets $4.5M in funding to expand bioplastics product development in Edmonton

Alberta, federal and other funders invested $4.5 million to expand TerraVerdae Bioworks' product development facilities in Edmonton, Alberta, for biodegradable PHA bioplastics. The announcement was made on April 29, 2020.

- Type: Investment
- Announced: 2020-04-29
- Where: Edmonton, Alberta, Canada
- Value: $4.50M
- Status: completed
- Products: PHA bioplastics, bioplastic tree seedling pouches, films and coatings, thermoplastic moldings, adhesives
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [TerraVerdae Bioworks](https://endata.com/companies/6429.md)

## Sources

- [einpresswire.com](https://www.einpresswire.com/article/515809206/new-investment-boosts-bioplastics-product-development-capacity-at-terraverdae), 2020-04-29: "The company has received $4.5 million – from Alberta Innovates, Natural Resources Canada's Clean Growth Program"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.