Brisbane startup Earthodic raised $1.85 million in pre-seed funding. Tenacious Ventures, Investible, Twynam Group, and Closed Loop Partners led the oversubscribed round. Earthodic developed Paperbarc, a bio-based coating solution that enhances water resistance and strength in paper and packaging. Paperbarc is recyclable and compostable, making it a suitable alternative for agricultural and food supply chain packaging. Earthodic is awaiting certification for the end-of-life aspect of the coating. The company recently obtained USDA Biobased Product Label certification in the US. The funding will be used for technology scaling, IP expansion, and sales and marketing growth.

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