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Submitted URL: https://event.tge-greenermanufacturing.com/thegreenermanufacturingshowlz/lz.aspx?p1=M0oDUzNjAzMDNTNDY6NDM2RTRGMDE4NzMxOEU0RjZEMTZBNUE0M0E0M...
Effective URL: https://www.greener-manufacturing.com/news/biotech-start-up-secures-funds-compostable-packaging?utm_source=GM+World+News+Europe+2022+-...
Submission: On May 26 via api from US — Scanned from GB
Effective URL: https://www.greener-manufacturing.com/news/biotech-start-up-secures-funds-compostable-packaging?utm_source=GM+World+News+Europe+2022+-...
Submission: On May 26 via api from US — Scanned from GB
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* Home * About * About The Event * Co-Located With Plastic Waste Free World * Sponsors * Supporters * Visit * Register To Attend * Why Attend? * Exhibitor List 2022 * Plan Your Visit * Exhibit * Exhibit At The Show * Why Exhibit? * Exhibitor List 2021 * Exhibition Floor Plan * Conference * Call For Speakers * What's On In 2021? * 2021 Agenda * 2021 Speakers * News * Media * News * Subscribe To The Newsletter * Testimonials * Event Photos * Logo Download * Contact Us 9-10 NOV 2022 / COLOGNE / GERMANY * Home * About * About The Event * Co-Located With Plastic Waste Free World * Sponsors * Supporters * Visit * Register To Attend * Why Attend? * Exhibitor List 2022 * Plan Your Visit * Exhibit * Exhibit At The Show * Why Exhibit? * Exhibitor List 2021 * Exhibition Floor Plan * Conference * Call For Speakers * What's On In 2021? * 2021 Agenda * 2021 Speakers * News * Media * News * Subscribe To The Newsletter * Testimonials * Event Photos * Logo Download * Contact Us * * REGISTER * BOOK A BOOTH 9-10 NOV 2022 / COLOGNE / GERMANY * Twitter * Facebook * LinkedIn * Search * REGISTER * BOOK A BOOTH * Home * About * About The Event * Co-Located With Plastic Waste Free World * Sponsors * Supporters * Visit * Register To Attend * Why Attend? * Exhibitor List 2022 * Plan Your Visit * Exhibit * Exhibit At The Show * Why Exhibit? * Exhibitor List 2021 * Exhibition Floor Plan * Conference * Call For Speakers * What's On In 2021? * 2021 Agenda * 2021 Speakers * News * Media * News * Subscribe To The Newsletter * Testimonials * Event Photos * Logo Download * Contact Us * INDUSTRY NEWS 23 May 2022 BIOTECH START UP SECURES FUNDS FOR COMPOSTABLE PACKAGING Shellworks' new material, Vivomer, uses bacterially derived components that are cultivated via a fermentation process. Vivomer packaging can either be reused or composted. The innovative biotech start up, Shellworks, has raised $6.2 million in funding led by UK-based venture capital firm LocalGlobe. The firm will use the funds to scale its technology and grow commercially to reduce single-use plastic starting with the beauty industry. Around 120 billion plastic units are created per year by the industry. The company’s new material, Vivomer, uses bacterially derived components that are cultivated via a fermentation process. Vivomer packaging can either be reused or composted. On average, it takes around a year for it to break down. The team overseas operations to ensure no unsustainable dyes or resins are added to the products. The attention to detail extends to the design of the packaging so that it could appeal to both conscious and luxury brands. Shellworks customers currently include BYBI, Liha and Sana Jardin with more brands set to be announced later this year. While Shellworks is predominantly focused on the beauty industry, it is studying ways its packaging can apply to other sectors such as cleaning products. Insiya Jafferjee, co-founder and CEO at Shellworks, said: “Our vision is to break the reliance on the petroleum industry by building a new standard of packaging that is performant, cost-competitive and truly sustainable. “We work at the intersection of two ecosystems, the natural and the commercial, and we’re constantly trying to play a meaningful, connected and consistent role in both. The beauty industry creates 120 billion units of plastic packaging annually and we’re committed to providing a scalable solution to tackle this and we’re incredibly grateful that we’ve identified a group of investors who share this vision.” Ferdi Sigona, partner at LocalGlobe, said: “We’re delighted to be backing Insiya, Amir and the rest of the Shellworks team, as they bring the science, creativity and lightning speed we’re used to in tech environments to the world of materials and packaging. “It’s been amazing to hear their customers rave about the products they’ve already created, and all of us at LocalGlobe are looking forward to seeing them build an iconic materials house to end plastic waste.” View all Industry News * Solve Your Toughest Challenges in a Sustainable Way. Connect with Cargill at booth #908. * EU Reveals Plan to Purge Toxic Chemicals Loading QUICK LINKS * About * Contact Us * Register * Book A Booth * Subscribe To The Newsletter 2022 EVENTS EUROPE: 9-10 November 2022 Cologne, Germany NORTH AMERICA: 8-9 June 2022 Atlanta, Georgia, USA MORE INFO For more information about this event please get in touch: Tel: +44 1483 330 018 Email: info@trans-globalevents.com Address: 3rd Floor High Point, Sydenham Road, Guildford, Surrey, GU1 3RX ORGANISED BY Trans-Global Events Ltd, registered in the United Kingdom, registration number 11575940 * © Copyright 2021 * Terms & Conditions Exhibition Website by ASP Search Search Username * Password * Login