2 years ago

Floreon Secures £2 Million to Bring Plant-Based Bioplastics to Market

  • Floreon, a University of Sheffield spinout based in Hull, has secured £2 million in Series A funding from Northern Gritstone

  • The investment will be used to expand Floreon's team and bring its bioplastics to market

  • Floreon's bioplastics are made from plants and offer comparable performance to widely used polymers while significantly reducing carbon emissions

  • The company's halogen-free bioplastic has achieved an UL94V-0 flammability rating, making it suitable for various applications, including food packaging and agriculture.

      • ProblemTechnology

      "Everyday oil-based plastics are contributing to the global environmental crisis."

      Solution

      "Floreon offers brands an alternative product made from plants such as corn and sugar cane, which can be used for food packaging and agriculture, along with other applications."

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