plastic-free

Thermoformed trays

Thermoformed trays -Image courtesy of B'ZEOS
Packaging

B’ZEOS to Scale Industry-Ready Seaweed Packaging with New Round and Strategic Partnerships

Seaweed-based packaging startup B’ZEOS has secured a seed round led by Faber and ICIG Ventures, the investment arm of the industrial holding ICIG, bringing its total raised equity and grant funding to over €5 million. The round contributes to previous funding from Biotope by VIB, Sustainable Ocean Alliance (SOA), and several private and public grants from various entities, including the Research Council of Norway, Global Seaweed Coalition, Innovation Norway, and the Eureka Network’s Eurostars programme. With headquarters in Switzerland and R&D offices in Barcelona, Spain, B’ZEOS will use the new capital to scale its fully compostable materials to meet the rapidly growing demand for sustainable alternatives to plastic. Rita Sousa, Partner at Faber, shared, “As global demand for sustainable packaging solutions accelerates, we’re excited to …

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Seaweed-based packaging startup Notpla announces it has completed a Series A+ round, securing £20 million (over $25 million) in equity fundraising, exceeding the company's initial target.

© Notpla
Packaging

Seaweed Packaging Pioneer Notpla Secures £20 Million to Replace Single-Use Plastics in USA

Seaweed-based packaging startup Notpla announces it has completed a Series A+ round, securing £20 million (over $25 million) in equity fundraising, exceeding the company’s initial target. The new funds will be used to scale up manufacturing capabilities, broaden its plastic-free product range, and firmly establish a foothold in North American markets by driving a US expansion. The UB Forest Industry Green Growth Fund (UB FIGG) led the funding round. Key investors included Catalytic Capital for Climate & Health (C3H), Horizons Ventures and Astanor Ventures. New participants, including the Schmidt Family Foundation, Radicle Impact, EIT Food’s AgriFoodInvest, Broadwater Cap, Kibo Invest, Rosebrook, Trousdale Ventures, and Ocean Born Foundation, also backed Notpla’s expansion. David Walker, UB FIGG’s senior partner, said, “Notpla’s innovative approach to sustainable packaging, particularly …

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2M Group of Companies

© 2M Group of Companies
Packaging

2M Group Launches New Sustainable Packaging Unit Offering ‘Plug-and-Play’ Plastic Alternatives for Brands

The UK-based 2M Group of Companies announces the launch of Sustainable Packaging Technologies, a new business focusing on the development and commercialization of bio-based materials to eliminate unnecessary petroleum-based plastics from the supply chain. Leveraging its growing portfolio of biomaterial technologies and solutions, the new business aims to help brands meet the ever-increasing consumer demand for sustainability by offering’ plug-and-play’ plastic replacements across a wide range of consumer products. Industry expert James Nelson will lead the business from its headquarters in Milton Keynes, with support from Banner Chemicals, 2M Group’s leading materials sciences company. Nelson comments, “Our bio-based solutions will offer brands effective alternatives to plastic, delivering environmental responsibility without compromising on performance. We aim to act as a trusted partner between R&D material science …

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