Who founded Folia Materials?

Folia Materials was founded by Theresa Dankovich in 2016.

How much funding has Folia Materials raised?

Folia Materials has disclosed $400K raised across 1 round.

Where is Folia Materials headquartered?

Folia Materials is headquartered in Bedford, US.

Folia Materials

Bedford, US · Founded 2016 · Delaware corporation · 21 employees on LinkedIn

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Folia Materials makes recyclable, paper-based packaging using a patented aqueous coating process that bonds metal nanoparticles to paper cellulose fibers, including a 100% paper microwave susceptor that converts microwave energy into heat. It sells its coating technology to food companies and packaging OEMs, and through its Folia Water subsidiary produces low-cost paper water filters for underserved communities.

Circular Economy Deep Tech New Materials

Founders & leadership

Folia Materials was founded in 2016 by Theresa Dankovich.

Theresa Dankovich Co Founder and Chief Technology OfficerTheresa Dankovich is co-founder and CTO of Folia Materials, where she has led product development and scale-up of a patented paper coating technology. She holds a Ph.D. from McGill University and completed postdoctoral fellowships at University of Virginia and Carnegie Mellon University, focusing on antimicrobial paper technologies and field deployment in multiple countries.

Jonathan Scott Levine Co-founder and CEOFounder at Folia Water

Reported raises · per SEC filings

Form D private placements

$400K disclosed across 1 round · 2025

▶$400KraisedFeb 2026 · 4 investors · Other Technology

Rule 506(c)

Officers, directors & promoters on the filing

Jonathan Scott LevineExecutive Officer, Director
Theresa DankovichExecutive Officer, Director

Offering amount: $1.3M
Amount sold: $400K
Proceeds to insiders: $200K
First sale: Aug 2025
Incorporated: Corporation, Delaware
Federal exemptions: 06c

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Folia Materials went on to found or lead other companies.

Theresa DankovichExecutive Officer, DirectorFounded Folia Water Jonathan LevineExecutive Officer, DirectorFounded Folia Water

Related companies · 2

HoffmasterHoffmaster manufactures single-use tabletop, foodservice, and baking solutions for restaurants, retail, healthcare, and home use. The company serves foodservice distributors, consumer retail channels, and food service operators with paper products including napkins, plates, and cutlery wrapping.

ProAmpacProAmpac manufactures flexible packaging products designed to extend shelf life and reduce material consumption compared to rigid alternatives. The company serves food, beverage, and consumer goods brands, offering sustainable packaging solutions with recyclability, compostability, and recycled or bio-based material options.

Companies working in the same space as Folia Materials.

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken

Agency	Phase	Year	Amount
National Science Foundation	Phase II	2020	$750K
National Science Foundation	Phase I	2019	$225K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Folia Materials do?: Folia Materials makes recyclable, paper-based packaging using a patented aqueous coating process that bonds metal nanoparticles to paper cellulose fibers, including a 100% paper microwave susceptor that converts microwave energy into heat. It sells its coating technology to food companies and packaging OEMs, and through its Folia Water subsidiary produces low-cost paper water filters for underserved communities.
Who founded Folia Materials?: Folia Materials was founded by Theresa Dankovich in 2016.
How much funding has Folia Materials raised?: Folia Materials has disclosed $400K raised across 1 round.
Where is Folia Materials headquartered?: Folia Materials is headquartered in Bedford, US.