UK materials innovation company Xampla announced that it has raised US$14 million in a Series A investment round, with proceeds aimed at scaling its technology to replace billions of single-use plastic items with plant-based alternatives.
Because plastic does not biodegrade completely in the environment, but rather breaks down into smaller fragments and pieces, single-use plastic products can accumulate and pollute land and water sources, harm the environment and wildlife and threaten public health.
Xampla, a University of Cambridge spin-out, has developed Morro materials, a natural polymer alternative made from regenerative plant proteins, containing no PFAS or plastics.
