UK – Notpla, a leader in sustainable packaging, has raised £20 million (US$26.8M) in a Series A+ funding round to accelerate the development of its innovative plastic-free materials.
The funding, which surpassed initial targets, was led by United Bankers and included support from new and existing investors, such as Catalytic Capital for Climate & Health (C3H).
Headquartered in London, Notpla creates natural alternatives to single-use plastics, including seaweed-coated food containers, edible liquid bubbles, and flexible film replacements.
The company’s solutions are industrially scalable and have gained traction in ten European markets. High-profile venues like Aston Villa FC, The O2 Arena, and Allianz Stadium have adopted its products.
C3H Director Ryan Tan praised Notpla’s alignment with Temasek Trust’s impact goals, stating, “Notpla’s strong customer base and product innovation position them for significant business expansion, helping reduce the environmental harm caused by single-use plastics.”
The funds will primarily fuel Notpla’s expansion into new markets, particularly in North America, where demand for plastic-free solutions is growing.
Additionally, the investment will support the development of seaweed-based packaging solutions, aiming to replace over 100 million single-use plastics annually within the next two years.
Since its founding in 2014, Notpla has eliminated 16 million single-use plastics, and its mission continues to gain momentum.
“This investment validates our approach and positions us to meet the increasing global demand for plastic-free packaging,” said Rodrigo García González, Notpla co-founder and co-CEO.
Last year, Notpla received a £1 million (US$1.34m) grant from Innovate UK and the Earthshot Prize to support the scale-up of its seaweed-based materials for injection molding.
This funding has enabled Notpla and its partners—Eco Cascade, Atritor, and Plastic Engineering Solutions—to produce versatile, environmentally friendly packaging that can easily be molded into products like takeaway cutlery.
The seaweed material, available in pellet form, is engineered to break down naturally and can be integrated into a wide range of applications, offering a sustainable alternative to traditional plastics.
This latest round of funding will help Notpla continue its efforts to innovate and reduce the global reliance on harmful plastic materials.
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