Naturbeads secures £7.8M in Series A funding to revolutionize industries with cellulose microspheres, offering innovative microplastic alternatives.
UK-born Naturbeads, founded by four University of Bath students in 2018 as a startup, has closed its Series A funding at £7.8 Million. Eos Advisory spearheads this funding, and co-investors CDP Venture Capital will help Celatom scale up cellulose microsphere production with a low biodegradation period. The company Naturbeads intends to set up the initial manufacturing facility in Puglia, Italy, to meet the new demands for eco-friendly products instead of microplastics.
Innovation in Microplastic Substitutes:
Microplastics are the villains of the sea. They invade food chains and the sea and are used in cosmetics and paints. Naturbeads’ latest development—the cellulose microspheres—is an environmentally friendly solution that does not reduce product effectiveness by 100%. Further, this technology is a substitute for synthetic microbeads in consumer and industrial products in line with the EU’s emerging microplastics regulations.
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Developing Cellulose Microsphere Technology for the First Time:
Due to the Naturbeads’ cellulose microsphere technology, technology is easily scalable and cost-effective. Having been trialed for various applications such as personal care, packaging, and adhesives, microspheres are biodegradable, making them an industrial solution to circularity. In those future partnerships, Naturbeads plans to reach its first sales bar with global manufacturers it hopes to make by 2025.
Exercising Influence in Global Environmental Management:
As a perfect example of scientific problem-solving in industry, Naturbeads aligns its mission with one of the world’s major issues. Important investors such as Eos Advisory and CDP Venture Capital believe that Naturbeads is a company that has other high technical performance platform technology for sustainable goods.
What’s Next for Naturbeads?
The funding is a major development in Naturbeads’ goal to address the problem of microplastics. Moreover, Naturbeads drives a revolution in producing sustainable substitutes by combining pure scientific research with industrial mass production.
