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Blue Biotech Firm Flexsea Raises £2M For Sustainable Seaweed Bioplastic Production

Blue Biotech Firm Flexsea Raises £2M For Sustainable Seaweed Bioplastic Production

10/04/23, 10:19 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/GB.svglondon
Money raised
£2 million
Industry
agriculture and farming
biotechnology
manufacturing
Round Type
seed
Investors
Innovate Uk, Pente Capital, Icon Capital, Vala Capital, Food Foundry, Btomorrow Ventures, Red Rice Ventures, Indico Capital Partners
London-based blue biotech company FlexSea has raised a £2 million equity Seed round led by Indico Capital Partners, with the participation of RedRice Ventures, Btomorrow Ventures, Food Foundry, Vala Capital, ICON Capital, and Pente Capital.

Company Info

Company
FlexSea
Location
london, england, united kingdom
Additional Info
FlexSEA is a sustainable-packaging company aiming to replace traditional petroleum plastic film with an innovative natural material derived from seaweed. Our transparent, resistant material is degradable in marine, soil and home-composting environments and is also edible. We want to redefine the way people see plastic packaging. We want to innovate and change the way we see and use plastics. At FlexSea we believe the packaging of the future to be a packaging that is born in nature, serves its purpose, and returns to nature in a harmless way. A packaging that is built to exist, protect and preserve its contents only for the duration that these exist for. At FlexSea the future is now.

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