Global Recruiter I Regulatory ⚗Chemicals &🔬 Life Sciences Passionate about ♻Sustainability, 🌳Green Advocacy & 📈Economics
🌱 Plant-Based Pigments get some funding🎨 Developed by UK-based Cambridge scientists, Sparxell's plant-based pigments replicate vibrant colors found in nature using renewable cellulose extracted from waste streams. Their pigments offer toxin-free, fully biodegradable alternatives to traditional chemicals, with longer-lasting color intensity. They were awarded significant recognitions such as Morgan Stanley's Sustainable Collaborative Prize and the 2023 Ray of Hope Award from the Biomimicry Institute. Sparxell have recently made the industry news by securing a $3.2 million funding round, comprising seed investments, grants, and awards. 💼 Investors include The Circular Innovation Fund, Demeter, Cycle Capital, L'Oréal, SpaceX-backer Future Communities Capital, PDS Ventures, Katapult, Joyance Partners, and SNØCAP VC. 💰 The $38 billion colorants market is targeted, with plans to expand into beauty, fashion, packaging, and paint sectors. Sparxell is setting its sights on product innovation partnerships with leading car manufacturers, high-end fashion brands, and cosmetic goods manufacturers. 🚀 Funds will support pilot production, product development partnerships, trials with key manufacturers, and expansion of headcount. Congratulations Sparxell and Dr Droguet! #Sustainablewednesday