Tech Company Financing Transactions
Sparxell Funding Round
Sparxell secured a $3.2 million investment round on 4/2/2024. Investors included Circular Innovation Fund, Future Communities Capital and Joyance Partners.
Transaction Overview
Company Name
Announced On
4/2/2024
Transaction Type
Venture Equity
Amount
$3,200,000
Round
Undisclosed
Investors
Proceeds Purpose
Funds raised will enable Sparxell to expand its manufacturing capacity to support pilot production, secure further product development partnerships with brands, undertake more product trials with key manufacturers and distributors, and expand headcount.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
5 New Street Square
London, EC4A 3TW
UK
London, EC4A 3TW
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Sparxell develops the next generation of colours and effects by providing the world's first performance colourant from plant that is inspired by nature. Spinning out from the University of Cambridge after years of research on photonics and structural colours obtained from plant-based cellulose, our mission is to eliminate toxic chemicals from colouration and provide businesses with sustainable, low-carbon and performant alternatives to traditional coloured materials.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Benjamin Droguet
Chief Operating Officer
Simon Kew
VP - R & D
Tianheng Zhao
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We do our best to record tech company VC transactions. VC investment data records reported here are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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