Naturbeads, a R&D start-up based in Bath, UK, has secured a £7.8 million (US$9.8 million) series A funding round for its cellulose microsphere technology, which was developed to address microplastic pollution. Unlike microplastics, cellulose microspheres break down naturally without affecting product performance. Eos Advisory, based in St Andrews, UK, led the funding round alongside existing investor Progress Tech Transfer and new investors CDP Venture Capital through its Corporate Partners I Fund, PI-NB, and Paragon Capital Management in Singapore through its early-stage VC fund, Paragon Ventures I.
