Better Earth acquires software provider Betterbin

Better Earth, a compostable food packaging producer, acquired SaaS platform Betterbin to better track packaging and cut waste in landfills, CEO Joseph Bild tells Axios exclusively. Why it matters: Food service packaging is one of the biggest contributors to plastic pollution, especially in the oceans. Zoom in: The deal was financed with a mix of cash and stock, Bild says. Other financial terms weren't disclosed. • The company, which has not raised any outside funding, is generating "strong profitability," Bild says. How it works: Atlanta-based Better Earth makes compostable food...