Tag: Xampla

Xampla secures $14 million new investment to replace 10 billion units of single-use plastic

Stuart Mitchell

A major injection of more than $14m in private capital is set to accelerate Xampla’s mission to replace single-use plastics with alternatives made from plants.  Lead investor Emerald Technology Ventures runs Europe’s first specialist, venture-backed investment fund targeting the full packaging lifecycle.  The fund aims to catalyse leaps in advanced materials that benefit the planet and earn significant returns.   Also leading the Series A round is BGF, one of the largest growth capital investors in the UK and Ireland, and Munich-based Matterwave Ventures, along with follow-on investment from existing investors…

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Unilever’s former chief sustainability officer appointed Chair of Xampla

Stuart Mitchell

A FORMER board member of one of the world’s biggest companies and White House climate change advisor has joined a Cambridge University start-up making plastic from peas.    As Unilever’s Chief Sustainability Officer Jeff Seabright is credited with turning one of the world’s largest multi-nationals into a leader in sustainability. But he has gone from leading the sustainability operations of a company with an annual turnover of £50bn across 155,000 staff in 190 countries and 400 household name products, to a company with no sales, no products and 10 staff. Mr…

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