Folia Materials

Venture
Folia Materials
www.foliawater.com

Founders:
Jonathan Levine ’11SEAS ’04CC and Theresa Dankovich

Industry: 
Health, Water, & Sanitation

Venture Type: 
Hybrid

What is the social or environmental issue being addressed?

Almost two billion people around the world consume microbiologically contaminated drinking water and pay the poverty penalty: overpaying in time, energy, or money to obtain safe drinking water. Lack of clean water is catastrophic for public health, as diarrheal illnesses alone kill more than 500,000 children a year.

Innovation:

Folia Materials is an IP materials company with a patented process to use paper mills to manufacture low-cost nano-metal functionalized materials that are commercialized by creating new market-defining consumer goods product lines. Their first two product lines are Folia Water and Folia Food Packaging.

Folia Water produces nanosilver-infused water filter papers that eliminate bacteria, viruses, and other pathogens, making water safe to drink. Folia Water's patent-pending process uses standard paper machinery at the world's largest nanofactories to make antimicrobial Folia Filters for only 3 cents each. Each is packaged like a coffee funnel and is a week of safe, germ-free drinking water for only 50 cents, priced to be affordable for low-income families earning $2–10/day. Folia is creating a new $1B+ category of consumer goods water filters, to be sold through distributors in retail stores throughout developing countries as a mass-market staple at a 75–95% savings to bottled water. Folia Food Packaging focuses on paper R&D for food packaging applications.

Read More:

f6s Venture Profile: https://www.f6s.com/foliawater

Back to other ventures -->