Startups

The toilet paper startup backed by Marc Benioff, Dara Khosrowshahi and Robert Downey Jr. now sells paper towels

Comment

Image Credits: mith Collection/Gado/Getty Images / Getty Images

Cloud Paper, the startup whose bamboo toilet paper (and celebrity and billionaire backers, including Robert Downey Jr., Gwyneth Paltrow, Marc Benioff, Dara Khosrowshahi and Mark Cuban) made a splash last year, is getting into the paper towel racket.

Starting today, the company is taking pre-orders for its 12-pack boxes of sustainably sourced bamboo paper towels, which will retail for $34.99.

The Seattle-based company was founded by two ex-Uber employees, Ryan Fritsch and Austin Watkins, who went on to take roles at the logistics startup Convoy, before launching Cloud Paper. Their toilet paper (and now paper towel company) is one of several businesses trying to get consumers to make the switch to bamboo-based consumer products.

Cozy Earth and Ettitude sell bamboo sheets and bedding; The Bamboo Clothing Co., Thought, Tasc, Free Fly Apparel, all make bamboo clothing; and Bite has a bamboo toothbrush to go with its plastic-free toothpastes and flosses.

But (I’m quoting myself here) Cloud Paper may be the only one to get such super wealthy, high-profile investors to flush it with wads of cash. Even so, companies like Tushy, Reel and the aptly named Who gives a crap, Inc. are all angling to wipe up a piece of the $10.4 billion market for toilet paper.

Mark Cuban, Marc Benioff, Robert Downey Jr., Gwyneth Paltrow and Uber CEO Dara Khosrowshahi are investing in toilet paper

The company’s founders are on a mission to make the paper industry more sustainable, according to co-founder Ryan Fritsch, and they’re looking to do it one roll at a time.

While other companies look at bamboo as a replacement for cotton or plastics, the Cloud Paper co-founder said this company is squarely focused on toilet paper and paper towels because those products make up most of the crap that’s most wasteful in the paper industry.

The company has already ordered 1 million rolls of toilet paper for production and shipped hundreds of thousands of toilet paper rolls, but the rationale for adoption has shifted, the company said.

“It definitely had its moment when the COVID shutdowns happened,” said Fritsch. “But [consumption] shifted from a TP panic to ‘There’s an easy and convenient, sustainable, option out there.’ It’s less of an all-out craze,” Fritsch said.

No less august a body than the National Resources Defense Council has come out swinging against how much waste is sacrificed to the commode.

Bidet startup Tushy scales up to meet demand amid toilet paper shortage

For instance, the logging industry in Canada degrades over a million acres of its climate-critical forest, in part to feed U.S. demand for toilet paper, according to the NRDC. Demand from the U.S. has grown so substantially that, in recent years, Canada has ranked third globally in its rate of intact forest loss — behind only Russia and Brazil — mostly due to logging, the NRDC said.

Ninety percent of that is clearcutting, which exacerbates climate change. By the most conservative estimates, “logging in the boreal releases 26 million metric tons of carbon through driving emissions from the forest’s carbon-rich soils and eroding the forest’s ability to absorb carbon,” the NRDC wrote in 2020 report. “Toilet paper’s impact is even more severe because, since it is so short-lived, it quickly releases its remaining carbon into the atmosphere. That is why, according to the Environmental Paper Network, toilet paper made from trees has three times the climate impact as toilet paper created using recycled materials.”

That’s why wiping out forested paper can be a real boon in the climate fight.

“The lion’s share of usage number one is toilet paper and number two is paper towels, after that the size of the market really really shrinks. We’re going to be continuing on the paper space,” said Fritsch. 

The company’s next act will be working with businesses like restaurants, hotels, and even stadiums and arenas to make the switch.

“We launched the company as a B2B company. We were working with WeWork and restaurants and the market — if you look at where our paper products were being used,” Fritsch said. “So another big focus will be building products for our commercial customers where there’s higher capacity.”

Cloud Paper box of paper towels. Image Credit: Cloud Paper

Early Stage is the premier “how-to” event for startup entrepreneurs and investors. You’ll hear firsthand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios. We’ll cover every aspect of company building: Fundraising, recruiting, sales, product-market fit, PR, marketing and brand building. Each session also has audience participation built-in — there’s ample time included for audience questions and discussion. Use code “TCARTICLE at checkout to get 20% off tickets right here.

More TechCrunch

The design brief was simple: each grind and dry cycle had to be completed before breakfast. Here’s how Mill made it happen.

Mill’s redesigned food waste bin really is faster and quieter than before

Google is embarrassed about its AI Overviews, too. After a deluge of dunks and memes over the past week, which cracked on the poor quality and outright misinformation that arose…

Google admits its AI Overviews need work, but we’re all helping it beta test

Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. In…

Startups Weekly: Musk raises $6B for AI and the fintech dominoes are falling

The product, which ZeroMark calls a “fire control system,” has two components: a small computer that has sensors, like lidar and electro-optical, and a motorized buttstock.

a16z-backed ZeroMark wants to give soldiers guns that don’t miss against drones

The RAW Dating App aims to shake up the dating scheme by shedding the fake, TikTok-ified, heavily filtered photos and replacing them with a more genuine, unvarnished experience. The app…

Pitch Deck Teardown: RAW Dating App’s $3M angel deck

Yes, we’re calling it “ThreadsDeck” now. At least that’s the tag many are using to describe the new user interface for Instagram’s X competitor, Threads, which resembles the column-based format…

‘ThreadsDeck’ arrived just in time for the Trump verdict

Japanese crypto exchange DMM Bitcoin confirmed on Friday that it had been the victim of a hack resulting in the theft of 4,502.9 bitcoin, or about $305 million.  According to…

Hackers steal $305M from DMM Bitcoin crypto exchange

This is not a drill! Today marks the final day to secure your early-bird tickets for TechCrunch Disrupt 2024 at a significantly reduced rate. At midnight tonight, May 31, ticket…

Disrupt 2024 early-bird prices end at midnight

Instagram is testing a way for creators to experiment with reels without committing to having them displayed on their profiles, giving the social network a possible edge over TikTok and…

Instagram tests ‘trial reels’ that don’t display to a creator’s followers

U.S. federal regulators have requested more information from Zoox, Amazon’s self-driving unit, as part of an investigation into rear-end crash risks posed by unexpected braking. The National Highway Traffic Safety…

Feds tell Zoox to send more info about autonomous vehicles suddenly braking

You thought the hottest rap battle of the summer was between Kendrick Lamar and Drake. You were wrong. It’s between Canva and an enterprise CIO. At its Canva Create event…

Canva’s rap battle is part of a long legacy of Silicon Valley cringe

Voice cloning startup ElevenLabs introduced a new tool for users to generate sound effects through prompts today after announcing the project back in February.

ElevenLabs debuts AI-powered tool to generate sound effects

We caught up with Antler founder and CEO Magnus Grimeland about the startup scene in Asia, the current tech startup trends in the region and investment approaches during the rise…

VC firm Antler’s CEO says Asia presents ‘biggest opportunity’ in the world for growth

Temu is to face Europe’s strictest rules after being designated as a “very large online platform” under the Digital Services Act (DSA).

Chinese e-commerce marketplace Temu faces stricter EU rules as a ‘very large online platform’

Meta has been banned from launching features on Facebook and Instagram that would have collected data on voters in Spain using the social networks ahead of next month’s European Elections.…

Spain bans Meta from launching election features on Facebook, Instagram over privacy fears

Stripe, the world’s most valuable fintech startup, said on Friday that it will temporarily move to an invite-only model for new account sign-ups in India, calling the move “a tough…

Stripe curbs its India ambitions over regulatory situation

The 2024 election is likely to be the first in which faked audio and video of candidates is a serious factor. As campaigns warm up, voters should be aware: voice…

Voice cloning of political figures is still easy as pie

When Alex Ewing was a kid growing up in Purcell, Oklahoma, he knew how close he was to home based on which billboards he could see out the car window.…

OneScreen.ai brings startup ads to billboards and NYC’s subway

SpaceX’s massive Starship rocket could take to the skies for the fourth time on June 5, with the primary objective of evaluating the second stage’s reusable heat shield as the…

SpaceX sent Starship to orbit — the next launch will try to bring it back

Eric Lefkofsky knows the public listing rodeo well and is about to enter it for a fourth time. The serial entrepreneur, whose net worth is estimated at nearly $4 billion,…

Billionaire Groupon founder Eric Lefkofsky is back with another IPO: AI health tech Tempus

TechCrunch Disrupt showcases cutting-edge technology and innovation, and this year’s edition will not disappoint. Among thousands of insightful breakout session submissions for this year’s Audience Choice program, five breakout sessions…

You’ve spoken! Meet the Disrupt 2024 breakout session audience choice winners

Check Point is the latest security vendor to fix a vulnerability in its technology, which it sells to companies to protect their networks.

Zero-day flaw in Check Point VPNs is ‘extremely easy’ to exploit

Though Spotify never shared official numbers, it’s likely that Car Thing underperformed or was just not worth continued investment in today’s tighter economic market.

Spotify offers Car Thing refunds as it faces lawsuit over bricking the streaming device

The studies, by researchers at MIT, Ben-Gurion University, Cambridge and Northeastern, were independently conducted but complement each other well.

Misinformation works, and a handful of social ‘supersharers’ sent 80% of it in 2020

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Okay, okay…

Tesla shareholder sweepstakes and EV layoffs hit Lucid and Fisker

In a series of posts on X on Thursday, Paul Graham, the co-founder of startup accelerator Y Combinator, brushed off claims that OpenAI CEO Sam Altman was pressured to resign…

Paul Graham claims Sam Altman wasn’t fired from Y Combinator

In its three-year history, EthonAI has amassed some fairly high-profile customers including Siemens and chocolate-maker Lindt.

AI manufacturing startup funding is on a tear as Switzerland’s EthonAI raises $16.5M

Don’t miss out: TechCrunch Disrupt early-bird pricing ends in 48 hours! The countdown is on! With only 48 hours left, the early-bird pricing for TechCrunch Disrupt 2024 will end on…

Ticktock! 48 hours left to nab your early-bird tickets for Disrupt 2024

Biotech startup Valar Labs has built a tool that accurately predicts certain treatment outcomes, potentially saving precious time for patients.

Valar Labs debuts AI-powered cancer care prediction tool and secures $22M

Archer Aviation is partnering with ride-hailing and parking company Kakao Mobility to bring electric air taxi flights to South Korea starting in 2026, if the company can get its aircraft…

Archer, Kakao Mobility partner to bring electric air taxis to South Korea in 2026