Naturbeads Secures £7.8m for Microplastic Solution
Deal News | Nov 18, 2024 | Business Cloud

Naturbeads, a UK-based startup focused on addressing microplastic pollution, has recently secured £7.8 million in a Series A funding round to further develop its innovative technology. Founded in 2018 as a spinout from the University of Bath, the company specializes in cellulose microsphere technology, which provides a sustainable alternative to microplastics in everyday products. This technology aims to mitigate the environmental impact of microplastics, which accumulate in ecosystems and pose significant health concerns. With new European Union regulations set to phase out microplastics in various products by 2027, Naturbeads is poised to meet the growing demand for eco-friendly solutions. Led by chief executive Dr. Giovanna Laudisio, the company's funding round saw participation from Eos Advisory and other investors, including CDP Venture Capital and Paragon Capital Management. The investment will support Naturbeads’ expansion, including the establishment of a production plant in Italy and collaboration with global manufacturers. Naturbeads plans to announce its first commercial milestones by 2025.
Sectors
- Environmental Technology
- Venture Capital
- Consumer Goods
Geography
- United Kingdom – Naturbeads is a UK-based startup focusing on environmental technology.
- Italy – Naturbeads plans to build a production plant in Puglia, Italy.
- European Union – The regulatory context regarding microplastics in the article involves EU regulations.
Industry
- Environmental Technology – The article centers around Naturbeads, a company developing technology to address microplastic pollution, a significant environmental issue.
- Venture Capital – The article discusses a Series A funding round led by Eos Advisory and other venture capital investors.
- Consumer Goods – The solution Naturbeads offers relates to microplastics used in everyday consumer products like cosmetics and detergents.
Financials
- £7.8 million – Funding amount raised in Naturbeads' Series A round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Naturbeads | Target company | Company | A UK startup developing cellulose microsphere technology to tackle microplastic pollution. |
| Eos Advisory | Lead Investor | Company | An investment firm leading Naturbeads' Series A funding round. |
| Progress Tech Transfer | Existing Investor | Company | An investment firm participating in the funding round for Naturbeads. |
| CDP Venture Capital | Investor | Company | An investment firm participating through the Corporate Partners I Fund. |
| Paragon Capital Management | Investor | Company | An investment firm participating through its early-stage VC fund, Paragon Ventures I. |
| Professor Davide Mattia | CTO and Co-founder | Person | One of the co-founders behind Naturbeads' technology. |
| Dr. Giovanna Laudisio | CEO and Co-founder | Person | CEO of Naturbeads, leading the company in addressing microplastic pollution. |
| Professor Janet Scott | Co-founder | Person | A late professor and co-founder of Naturbeads. |