Our Project Portfolio - New Earth Ventures

Specright invented its industry: specification management software (or SMS). Specright enables customers to store specifications for packaging and ingredients for their products in the cloud at very high fidelity, which accelerates product development, improves product quality and sustainability, and enables companies to more easily report for packaging EPR. Among the Fortune 500 customers who trust Specright are Tyson Foods, Colgate-Palmolive, and Georgia-Pacific. Atlantic’s customers see the potential for Specright to be a game changer in their operations, and NEV supports Specright in driving new customers to the platform.

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Specific Industry

Software – Specification Management Systems and Product Lifecycle Management

Stage at Entry

Late-Stage Venture / Pre-Growth Equity

Milestones

On Deloitte’s Fast 500 List of Fastest Growing Companies in North America

FOREST is an AI-powered platform built for the packaging industry, designed to bring structure, visibility, and connectivity to a highly fragmented ecosystem.

FOREST brings together packaging users, vendors, sustainability partners, and verified data into one intelligent system. Users can search in natural language, discover relevant solutions, and connect with the right partners, while accessing structured, trusted information across the ecosystem. From discovery to quotes, procurement, samples, and collaboration, FOREST enables faster decisions and more efficient workflows across packaging.

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Specific Industry

AI-Powered Intelligence and Procurement

Stage at Entry

Pre-Seed

Milestones

Platform development and launch of AI-powered packaging search, onboarding of early packaging users and vendors, initial ecosystem buildout across packaging categories

Sway harnesses the power of seaweed to create compostable replacements for plastic. Led by an impressive founding team with a background in design (the stage at which 80% of a product’s environmental footprint is determined), Sway’s sophisticated bio-resins and alternative flexible materials are available for purchase and used by brands like Faherty, Florence, and Alex Crane. Atlantic and NEV deeply align with Sway’s mission and have opened a national sales channel for the materials.

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Specific Industry

Flexible Packaging Alternative

Stage at Entry

Post-Seed, Go-To-Market Phase

Milestones

Winner of Tom Ford Plastic Innovation Prize, powered by Lonely Whale

Cirkla is a sustainable packaging company focused on helping brands transition away from conventional plastic packaging through commercially proven fiber-based alternatives. Its products are designed as drop-in replacements for existing plastic trays, allowing food processors and manufacturers to adopt more sustainable packaging without capital investments or production line modifications. Cirkla offers solutions for fresh protein, ready meals, produce, and custom applications, combining molded fiber with proprietary barrier technologies that deliver shelf life and performance comparable to plastic. The company’s packaging can reduce plastic content by up to 90% by weight while offering recyclable, compostable, and PFAS-free options backed by recognized certifications.

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Specific Industry

Food-grade fiber packaging to replace PET trays

Stage at Entry

Series A

Milestones

US Food Contact Certification, ISO 14001, 9001, 45001BRC, BSCI, SMETA Certifications, OK Compost – Home & Industrial Certification, BPI ASTM 6400 Certification

Companies We’ve Backed

We are partnering with Founders we admire and their startups to scale innovative packaging and supply chain technologies to our customers and across the globe.

Industry leader in specification management software, poised for growth in the age of EPR and AI.

FOREST is an AI-powered platform built for the packaging industry, designed to make packaging knowledge more accessible, connected, and actionable.

Plastic replacement made of seaweed and designed for home composting.

Cirkla is rethinking fresh protein packaging. Their molded fiber trays with proprietary lamination are designed to reduce plastic waste and replace foam, while working seamlessly on existing packing lines.