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High Tech Series A Founded 2014

Notpla

Notpla manufactures sustainable packaging made from seaweed, offering biodegradable alternatives to single-use plastic packaging. The company's product portfolio includes seaweed-coated food containers, rigid cutlery, edible energy gel pods, Notpla Paper made from seaweed fibers, food oil pipettes, and water-soluble sachets for home care and personal care products. Notpla's packaging solutions are designed to…

📍 London, United Kingdom · Advanced Materials,

Funding snapshot

Last roundSeries A
Amount$27M
Date15 April 2024
Total raised$47M
Valuation82,132,589 (Sep 9, 2024)
Team size106

About

Notpla manufactures sustainable packaging made from seaweed, offering biodegradable alternatives to single-use plastic packaging. The company's product portfolio includes seaweed-coated food containers, rigid cutlery, edible energy gel pods, Notpla Paper made from seaweed fibers, food oil pipettes, and water-soluble sachets for home care and personal care products. Notpla's packaging solutions are designed to disappear back into nature without harmful traces, being home compostable, recyclable, water-soluble, or edible depending on the product. The company is also reinventing the coffee cup without plastic as part of a EUR 4 million Horizon Europe research project. Notpla won the Earthshot Prize, recognized by Prince William, and has been covered by major media for its innovative approach to eliminating plastic waste. Founded in 2014 and headquartered in London, United Kingdom, Notpla has raised approximately $47.3 million in Series A funding from investors including EIC Fund, Astanor, Horizons Ventures, Lupa Systems, and Torch Capital.

Business model

Advanced Materials > Biomaterials > Biodegradable Polymers > Bioplastics > Seaweed,

Packaging Tech > Sustainable Packaging > Materials > Seaweed

Team background

College Wise > Imperial College London

Institutional investors

EIC Fund Sky Ocean Rescue Gov Astanor Lupa Systems Ukri Torch Capital Horizons Ventures Europa UB FIGG The Schmidt Family Foundation Radicle Impact Partners EIT Food Broadwater Capital Kibo Investments

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