BioBond is the second portfolio company launched by Big Idea Ventures' Generation Food Rural Partners I, LP (GFRP) Fund and is based in Lafayette, Indiana.
Marc McConnaughey, CEO of BioBond, identified LTHC as a community partner that could benefit from the company's innovative coating technology. He was confident that BioBond's cutting-edge bio-based floor coating technology offered the ideal solution and that All in One Professional Services was the best firm for the project.
Jennifer Layton, President and CEO of LTHC Homeless Services, shared her appreciation: "This generous contribution created a safer, more welcoming space in one of the most active parts of our building. We're incredibly grateful to BioBond and All in One for their commitment to community health and dignity."
Todd Hunt of All in One Professional Services meticulously prepared and applied BioBond's three-layer coating. Working overnight from 9 PM to 4 AM, Hunt ensured the Day Room could remain in use. He noted the coating's odorless nature, which allowed the space to be quickly put back into service without residents needing to leave the building.
About LTHC Homeless Services
LTHC Homeless Services is a local non-profit organization dedicated to helping individuals and families experiencing homelessness in Lafayette and surrounding areas. For 35 years, we have been committed to providing a pathway from homelessness to stable housing through our compassionate and evidence-based approach. Our mission is to support individuals, families, and Veterans facing housing instability by offering comprehensive services such as permanent supportive housing, rapid rehousing, emergency shelter and a day resource center, including medical respite, housing stability coordination and basic human needs - food, personal hygiene and healthcare. We believe in treating every person with dignity, regardless of their circumstances.
About All In One Professional Services
All in One Professional Services is a floor coating specialist firm with years of experience in preparing and coating residential and commercial floors in the Lafayette area. Capabilities include grinding, polishing, coating both epoxy and urethane technologies with anti-slip and now with mold, bacteria and microbial matter technology.
About BioBond
BioBond Adhesives, Inc. is a material technology company developing new adhesive materials, coatings, and applications that makes our environment a healthier and safer place to live and work. We specialize in the development of biopolymer compounds to displace traditional petroleum-based adhesives and coatings. As the second company formed within BIV's Generation Food Rural Partners (GFRP) Fund, BioBond licenses intellectual property from multiple universities collaborating to develop novel materials to reduce the amount of plastic waste and VOCs such as formaldehydes entering the environment. BioBond headquarters is located in Lafayette, Indiana. For more information, visit https://biobondadhesives.com.
About Generation Food Rural Partners
Generation Food Rural Partners ("GFRP" or the "Fund") is an RBIC-licensed investment fund designed to drive economic growth and development in rural communities in the U.S. The Fund invests in the areas of agriculture, food, and protein technologies to form new companies based on intellectual property, creating living wage jobs at its portfolio companies. GFRP is backed by members of the Farm Credit System, including Farm Credit Services of America, CoBank, Compeer Financial and Mid-America Farm Credit. GFRP is part of Big Idea Ventures (BIV), the world's most active investor in FoodTech. BIV backs leading companies in food technology, AgriTech, and the bioeconomy across the globe. With teams based in New York, Paris, Singapore and India, BIV has invested in over 100 companies across 30 countries. It manages both the Global Food Innovation fund family and GFRP. For more information, visit www.bigideaventures.com/generation-food-rural-partners.
SOURCE BioBond Adhesives, Inc.
Share this article