Fundz

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

PRIVATEOct 04, 2023

Amount Raised

£2 Million

Round Type

Seed

LondonManufacturingBiotechnologyAgriculture and Farming

Investors

Innovate UKPente CapitalICON CapitalVala CapitalFood FoundryBtomorrow VenturesRed Rice VenturesIndico Capital Partners

Description

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.

Quick answer

FlexSea raised £2 Million in a Seed round, dated October 4, 2023. Investors: Innovate UK, Pente Capital, ICON Capital, Vala Capital, Food Foundry, Btomorrow Ventures, Red Rice Ventures and Indico Capital Partners. FlexSea is based in London, England, United Kingdom.

How much did FlexSea raise?
FlexSea raised £2 Million in a Seed round on October 4, 2023.
Who invested in FlexSea?
Innovate UK, Pente Capital, ICON Capital, Vala Capital, Food Foundry, Btomorrow Ventures, Red Rice Ventures and Indico Capital Partners are named as investors in this round.
What does FlexSea do?
FlexSEA is a sustainable-packaging company aiming to replace traditional petroleum plastic film with an innovative natural material derived from seaweed.
Where is FlexSea based and how big is it?
FlexSea is based in London, England, United Kingdom.
Who are the decision-makers at FlexSea?
Fundz holds 1 contact at FlexSea. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Manufacturing around the same time

Companies in the same sectors as FlexSea that raised within 45 days of this round, from Fundz verified event records.

  • Aurora Cannabis raised $31M (Funding Round) on October 3, 2023.
  • Biodel AG raised an undisclosed amount (Series A) on September 13, 2023.
  • altM raised $3.5M (Seed) on September 7, 2023.
  • Nature's Toolbox raised $48M (Series B) on November 16, 2023.
  • Route 92 Medical raised $31M (Series F) on November 16, 2023.
  • OCOchem raised $5M (Seed) on November 15, 2023.

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A new round usually means FlexSea is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

FlexSea

Location

London, England, United Kingdom

About

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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