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Tag: bioplastics

Biobased materials firm PlantSwitch gets financing for its manufacturing facility

Biobased materials firm PlantSwitch gets financing for its manufacturing facility

February 24, 2024 |

In Ohio, Plastics Technology reported that bioplastics startup PlantSwitch has raised its financial investment by $8 million with participation of large institutional investment firm NexPoint Capital to proceed with its first commercial manufacturing facility in North Carolina and expand its team.  The report stated that the plant began producing material in December 2023. The company […]

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University of Sheffield spinoff lands Series A investment for bioplastics

University of Sheffield spinoff lands Series A investment for bioplastics

December 11, 2023 |

In the UK, the world’s first low-energy, non-oil-based, high-performance bioplastic, developed by Floreon with the University of Sheffield, has secured £2 million financing from Northern Gritstone.  Northern Gritstone announced a £2 million Series A investment into the bioplastics developer Floreon Technology Limited, a spinout technology from the University of Sheffield. Floreon has developed a range […]

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