Naturbeads funding news – UK-based Naturbeads has Raised £7.8Million in Series A Round Funding

Microplastics are found in over 1,300 marine species and have raised concerns about their impact on both ecosystems and human health. Every year, an estimated 2 million tonnes of microplastics end up in everyday products like cosmetics, detergents, adhesives, and paints.

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Naturbeads CEO and co-founder Dr Giovanna Laudisio said: “Microplastics have been found at the top of Arctic mountains and in the depths of the Mariana Trench, with a recent study forecasting that microplastic pollution could more than double over the next decade. Our differentiator from other companies who are trying to solve challenges around plastic packaging, is that we are one of few that is solely focused on the plastic found within daily products, and producing an eco-friendly, scalable alternative.”

Naturbeads is establishing its first production plant in Puglia, Italy. This funding will allow the company to greatly expand its production capacity to meet the rising demand for sustainable ingredients across various industries.

Andrew Durkie, Partner, Eos, said: “Giovanna and her team are tackling one of the most urgent environmental challenges of our time, and we look forward to supporting Naturbeads through its next, exciting phase of commercialisation.”

Alberto Calvo, Managing Director at Progress Tech Transfer, added: “The leadership team has bold ambitions in coming up with an industrial-grade solution to tackle microplastic pollution in a variety of different applications, with a platform-technology that is delivering high technical performance with a fully circular approach.”

Agostino Scornajenchi, Managing Director and General Manager of CDP Venture Capital said, “Naturbeads represents an excellent example of how a project born in the laboratory can evolve to large-scale industrial production, attracting international investment - and we are delighted that they have chosen to create a new production plant in Puglia”,.

About Naturbeads

Naturbeads Ltd is a startup developing sustainable, biodegradable cellulose ingredients. Its cellulose microbeads are being tested in cosmetics, personal care products, paints, adhesives, packaging, and other applications to replace polluting plastic microbeads.