Btomorrow Ventures has invested in FlexSea, a sustainable packaging company specializing in biodegradable seaweed-derived bioplastics, marking its first investment in the sustainability sector.

Information on the Target

FlexSea is an innovative sustainable packaging company specializing in the development of biodegradable, compostable, and edible seaweed-derived bioplastics. The firm aims to offer an environmentally friendly alternative to traditional plastic film packaging, utilizing patent-pending technology designed to maintain product packaging quality without compromising competitiveness. Founded in 2019 by Carlo Fedeli and Thibaut Monfort-Micheo, FlexSea’s product decomposes naturally within weeks and is free from harmful chemicals during its manufacturing process, making it a pioneering player in the bioplastics industry.

The company's commitment to sustainability has gained recognition, notably when it emerged victorious in the Battle of Minds 2022, a global pitch competition organized in conjunction with BAT. Following this success, FlexSea participated in BTV’s ESG Lab, enabling them to collaborate closely with Btomorrow Ventures (BTV) as they further develop their business while focusing on sustainability.

Industry Overview in Portugal

The sustainable packaging and bioplastics industry is gaining momentum in Portugal, driven by increasing environmental awareness and regulatory pressures to reduce plastic waste. As more businesses seek to adopt sustainable practices, the demand for innovative packaging soluti