Seed funding in a founding round led by Progress Tech Transfer®, with participation from Eos Advisory, a Scottish impact investor and chemical manufacturer, Proionic. Naturbeads will use the funds raised to scale the technology from pilot to demo plant scale and expand the range of applications of its platform technology. Giovanna Laudisio, CEO and Co-Founder of Naturbeads, commented: “Raising funds for a deep-tech start-up like Naturbeads is challenging but we are pleased that with this investment we are bringing on board two institutional investors like EOS and Progress Tech Transfer® and a company like Proionic. I am confident that with their support we will be able to accelerate the commercialisation of our technology and prevent hundreds of thousands of tons of microplastics from reaching the environment.”
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