EMV Capital and Martlet have invested $14 million in Xampla's Series A funding to support the company's development of biodegradable alternatives to single-use plastics.

Target Information

Xampla is a pioneering materials innovation company based in Cambridge, UK, specializing in natural alternatives to single-use plastics. As a spin-out from Cambridge University, Xampla has developed proprietary plant-based polymer materials known as Morro™, which effectively mimic the performance of conventional plastics while being biodegradable and plastic-free. Since its inception, the company has garnered attention for its commitment to sustainability and environmental responsibility, particularly as it aims to replace over ten billion units of the most polluting single-use plastics in various applications.

The recent funding will significantly enhance Xampla's capabilities, enabling the company to scale up production of its Morro™ materials and expand partnerships with global consumer brands like Just Eat Takeaway and Bunzl Catering Supplies. The urgency of Xampla’s mission is underscored by the alarming statistics surrounding global plastic production, which is projected to reach one billion tonnes annually, with minimal recycling rates.

Industry Overview

The market for bioplastics and sustainable materials is gaining momentum globally, amid increasing awareness about the ecological impact of traditional plastics. In the UK, government policies and consumer preferences are increasingly favoring sustainable solutions as the cou