Xampla, a natural materials company based in Cambridge, UK, has recently raised $7 million in funding, bringing their total amount to $17.6 million. The funding round saw participation from various investors, including Amadeus Capital Partners, Horizon Ventures, Cambridge Angels, Cambridge Enterprise, Martlet Capital, and CIECH Ventures. The company plans to use the funds to expand their consumer brand, Morro, into new markets, and to further develop biodegradable, plant-based materials, aimed at helping big brands move away from single-use plastics.
Under the leadership of CEO Alexandra French, Xampla supplies Morro, a product designed to remove plastic pollution from plants.
The material is fully biodegradable, home compostable, and food safe, and it can break down quickly and completely without leaving any harmful pollutants. With 15 years of research from the University of Cambridge backing their technology, Morro materials offer high strength, grease resistance, and oxygen barrier properties. The company's technology is already being used by renowned brands such as Britvic, ELEMIS, and Gousto, and they are now exploring future applications of their products, including Morro Edible Film, Morro Soluble Film, and Morro Nutri, which aims to enhance the fortification and stability of vitamins and nutrients in food and drink.
Alexandra French expressed her gratitude for the investment, stating, "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." The company also plans to optimize operational efficiency by reducing the cost of sustainable materials while maintaining high-quality standards, with the collaboration of key partners.
# | Investor | Sector | Stage | Activity | Team | Connect |
---|---|---|---|---|---|---|
1 | ![]() Amadeus Capital Partners | 7 investment(s) investment(s) | 10 contacts contacts | |||
2 | ![]() Horizon Ventures | 2 investment(s) investment(s) | 23 contacts contacts | |||
3 | ![]() Cambridge Angels | 1 investment(s) investment(s) | more info | |||
4 | ![]() Cambridge Enterprise | 3 investment(s) investment(s) | more info | |||
5 | ![]() Martlet Capital | 3 investment(s) investment(s) | more info |
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