Food and Beverage Business
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Xampla Raises $7 Million to Advance Biodegradable Materials and Reduce Plastic Usage

Xampla Raises $7 Million to Advance Biodegradable Materials and Reduce Plastic Usage Bio-based, food and drink packaging, food and drink sustainable packaging, Food packaging Food and Beverage Business

Xampla, a next-generation materials company, has successfully completed a funding round, raising US$7 million to advance the production of biodegradable, plant-based materials to support big brands in moving away from single-use plastic.

The investment will support the expansion of Xampla’s consumer brand, Morro, into new markets, with a focus on food and drink packaging and sustainable packaging solutions.

The funding round demonstrated significant investor confidence in Xampla, with existing backers Amadeus Capital Partners; Horizon Ventures; Cambridge Angels; Cambridge Enterprise; and Martlet Capital showing continued support. New investors, including clean tech backers CIECH Ventures, have also joined the effort to promote sustainability.

With a total investment of $17.6 million to date, Xampla will strategically allocate the recent capital injection to expand the applications of Morro technology, which offers fully biodegradable and home compostable materials that are food safe and boast high strength, grease, and oxygen barrier properties.

Xampla’s core resin can be used to create a range of sustainable products, including packaging solutions, microcapsules, and coatings. Building on recent partnerships, the investment will also support the expansion of Morro Coating, aiming to replace plastic-based coatings in takeaway packaging, sachets, and cups.

Trusted by global brands such as Britvic, ELEMIS, and Gousto, Xampla will explore future applications of Morro Edible Film and Morro Soluble Film, as well as Morro Nutri to enhance the fortification and stability of vitamins and nutrients found in food and drink.

Xampla’s CEO, Alexandra French, emphasized that the investment will support the company’s vision of leading the way towards a future where traditional plastics become a thing of the past.

Additionally, the funding will enable Xampla to optimize operational efficiency and drive down the cost of sustainable materials while upholding high-quality standards. CEO of CIECH Ventures, Szymon Smyk, expressed excitement in supporting Xampla’s innovative approach and impact on the industry, highlighting the importance of cleantech solutions addressing real-world problems like plastic pollution and promoting sustainable development.

For more information on Xampla’s sustainable materials and partnerships, visit: https://morro.earth/

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