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Naturbeads
Value £7,800,000

Naturbeads

VC Funding
Series A
DeepTech & AI Published 15 November 2024

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

Original Source

View the original press release or news article describing this transaction in full.

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