In their commitment to helping startups get to commercialization and translate their discoveries and knowledge into products and services that make life better, Titan Bioplastics has received foundational support and funding from Spartan Innovations and Red Cedar Ventures. Spartan Innovations and Red Cedar Ventures are wholly owned subsidiaries of Michigan State University Foundation (MSU), a hub for creating partnerships that develop economic value from the research and creativity within the Michigan community.
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According to Tanya Hart, CEO of Titan Bioplastics, “We are extremely honored and proud of the investment into Titan Bioplastics by Spartan Innovations and Red Cedar Ventures, the prestige and opportunity this partnership brings will allow not only allow Titan Bioplastics access to MSU state of the art equipment, labs, and expertise but equally importantly the prolific opportunity to develop commercially viable polymer composite innovations in collaboration with MSU.” Red Cedar Ventures is inspired by Michigan State University’s faculty, staff, and students. Their venture capital fund focuses on growing Michigan startup companies and accelerating commercialization of Michigan State University technologies.
Spartan Innovations is committed to supporting Titan Bioplastics through its Entrepreneur-in-Residence program and additional investment from Red Cedar Ventures. These two resources will help Titan Bioplastics material innovations come to market more quickly, build a strong team, and form a relationship with the MSU ecosystem. In addition, Spartan Innovations has a large network of experts, service organizations, investors, and university connections that Titan Bioplastics can leverage. The company is enthusiastic about engaging with Michigan State University researchers and technicians on their next-generation products.
“Titan Bioplastics is a perfect example of what we do at Spartan Innovations. Working with this talented team through our Entrepreneur-In-Residence program and connecting them with MSU resources, including research, is how we help startups get to commercialization,” said Jeff Wesley, Executive Director at Spartan Innovations, Red Cedar Ventures, and Michigan Rise.