Xampla Secures $7M Funding to Drive Sustainable Materials
In a bold stride towards a sustainable future, Xampla, a pioneering natural materials company based in Cambridge, UK, has successfully raised $7M in its latest funding round, boosting its total funding to an impressive $17.6M. This funding infusion, backed by prominent investors such as Amadeus Capital Partners, Horizon Ventures, and Cambridge Angels, is set to propel Xampla's innovative consumer brand, Morro, into new markets while revolutionizing the production of biodegradable, plant-based materials.
Under the leadership of CEO Alexandra French, Xampla is on a mission to support big brands in their quest to eliminate single-use plastics.
The company’s flagship product, Morro, is designed to effectively replace polluting materials with a fully biodegradable, home-compostable alternative that breaks down without leaving harmful residues. With over 15 years of rigorous research at the prestigious University of Cambridge backing its technology, Morro demonstrates outstanding strength and barrier properties against grease and oxygen, making it a viable solution for industries targeting eco-friendly practices.
What truly sets Xampla apart is its partnerships with renowned brands like Britvic, ELEMIS, and Gousto, which are already harnessing Morro products to enhance their sustainability efforts. The latest investment will also facilitate the expansion of Morro Nutri, aimed at improving the stabilization and fortification of vitamins and nutrients in food and beverages. As CEO Alexandra French emphasized, “This investment is a testament to the shared commitment of our backers, who can see that Xampla products are the gateway to a new era in materials sustainability.” As Xampla continues to scale its operations, investors and startup founders should take note of its strategic approach to making significant environmental impacts while unlocking profitable growth opportunities.
Key Terms Explained
- Funding Round
- A funding round is the process of raising money through the sale of shares in a company to investors. Money raised is typically used to finance business initiatives.
- Biodegradable
- In the context of materials and manufacturing, biodegradable refers to substances that can be broken down by living organisms, typically bacteria, transforming the materials back into organic compounds.
- Scale Operations
- Scaling operations in the business context refers to the ability of a company to perform under an increased or expanding workload. A company that scales well will be able to maintain or improve profitability and efficiency as the business grows.
Frequently Asked Questions
- Who are the investors supporting Xampla's latest funding round?-The investors backing Xampla's latest funding round are Amadeus Capital Partners, Horizon Ventures, and Cambridge Angels.
- How much total funding has Xampla managed to raise?+
- What is the mission of Xampla and its product, Morro?+
- What are the benefits of Xampla's product, Morro?+
- How will the new investment funds be used by Xampla?+
They've invested in Xampla
Get to know these Greentech investors
| # | Investor | Sector | Stage | Activity | Team | Connect |
|---|---|---|---|---|---|---|
1 |  Amadeus Capital Partners | 11 investment(s) investment(s) | 10 contacts contacts | |||
2 |  Horizon Ventures | 1 investment(s) investment(s) | more info | |||
3 |  Cambridge Enterprise | 5 investment(s) investment(s) | more info | |||
4 |  Martlet Capital | 5 investment(s) investment(s) | more info | |||
5 |  CIECH Ventures | 1 investment(s) investment(s) | more info |
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