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COINTURK FINANCE > Business > Naturbeads Raises £7.8M for Microplastic Alternative
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Naturbeads Raises £7.8M for Microplastic Alternative

Overview

  • Naturbeads secured £7.8M to develop biodegradable cellulose technology.

  • The company's cellulose microspheres aim to replace microplastics globally.

  • Investors include Eos Advisory and Progress Tech Transfer.

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COINTURK FINANCE 12 months ago
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Naturbeads, a UK-based startup, has successfully completed a significant funding round, securing £7.8 million to advance its sustainable technology aimed at reducing microplastic pollution. The company, founded in 2018, focuses on developing biodegradable cellulose ingredients intended to replace microplastics in consumer and industrial products. With this funding, Naturbeads plans to establish its first production facility in Puglia, Italy, targeting a global issue that affects ecosystems and human health. Previous reports indicate that the company’s approach to biodegradable cellulose ingredients has been gaining attention, highlighting the necessity for scalable solutions to the prevailing environmental challenges posed by microplastics.

Contents
How are Naturbeads’ cellulose microspheres addressing microplastic concerns?Who are the key investors backing Naturbeads?

How are Naturbeads’ cellulose microspheres addressing microplastic concerns?

Naturbeads has developed a unique process to manufacture cellulose microspheres, which are biodegradable and designed to serve as substitutes for microplastics. These microspheres degrade naturally without compromising product performance, making them a viable alternative for industries reliant on plastic components. The company’s efforts are particularly timely as microplastics have become a pervasive environmental issue, found in remote locations from Arctic peaks to the Mariana Trench. Current projections suggest that microplastic pollution could more than double in the next decade. Naturbeads’ focus on these critical areas underscores its commitment to delivering eco-friendly solutions within daily-use products.

Who are the key investors backing Naturbeads?

The Series A funding round for Naturbeads was led by Eos Advisory, with additional investments from Progress Tech Transfer, MITO Tech Ventures, CDP Venture Capital, PI-NB, and Paragon Capital Management. These investors are committed to supporting sustainable technologies that promise high technical performance with a fully circular approach. Eos Advisory’s involvement emphasizes its mission to advance science and technology initiatives with global impact. Meanwhile, Progress Tech Transfer, advised by MITO Technology, underscores the leadership team’s ambitions to address microplastic pollution through industrial-grade solutions across various applications.

Naturbeads’ strategic goal of collaborating with manufacturers to integrate its cellulose microspheres into products aligns with its broader mission of environmental sustainability. By 2025, the company anticipates revealing its initial commercial successes, marking a crucial milestone in its journey towards widespread adoption of its technology. The development of a production plant in Italy is a pivotal step, as it transitions from research and development to large-scale manufacturing capabilities.

In comparison to earlier discussions around microplastic alternatives, Naturbeads distinguishes itself by concentrating solely on replacing plastics found in everyday products. This focus aligns with broader environmental objectives and highlights the potential of cellulose microspheres as a sustainable alternative. Other microplastic solutions have often targeted packaging or specific use-cases, whereas Naturbeads’ approach is applicable across a range of products and industries.

The emergence of innovative startups like Naturbeads signifies an increasing trend towards sustainable practices in the industry. As environmental concerns continue to grow, the demand for biodegradable alternatives is likely to rise. The commitment of investors in such ventures reflects a broader recognition of the necessity for sustainable materials in mitigating environmental challenges. As Naturbeads continues to progress, its developments could inform future practices in material science and environmental conservation. Exploring the potential of cellulose microspheres could provide valuable insights into sustainable manufacturing processes, driving further innovation in the sector.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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