Summary
Naturbeads, a UK-based startup, has raised £7.8 million in Series A funding to combat microplastic pollution. The funding will enable the company to increase its production capacity and meet the growing demand for sustainable ingredients.
Summary of transaction details:
- Value: £7.8 million
- Sector: DeepTech & AI
- Advisor: None
- Key Entities: Naturbeads, Eos Advisory
- Location: UK
Note: The investment is a significant step towards tackling the microplastics pollution crisis, and Naturbeads' biodegradable cellulose microspheres offer a scalable and cost-competitive solution to replace microplastics in various consumer and industrial products.
Lead Investor / Acquirer
Eos Advisory
Advising Broker
Undisclosed Firm
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Original Source
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