Shellworks raised $15 million in a Series A. Company demonstrated cost competitiveness at a smaller production scale (~5 million units). Vivomer is designed to biodegrade after disposal and is produced via fermentation of second-generation feedstocks. Article did not provide exact date, valuation figures, founder names, or a lead investor name.
About Shellworks
London-based biomaterials startup developing Vivomer, a bio-based, microbe-made material designed to replace traditional plastics with similar performance that fully biodegrades after disposal.
London, United Kingdom
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Source: https://tech.eu/2026/03/04/shellworks-raises-15m-to-scale-sustainable-plastic-alternative-vivomer/
Frequently Asked Questions
What type of funding round did Shellworks raise?
Shellworks raised a series-a round.
How much did Shellworks raise in its series-a?
Shellworks raised $15,000,000 USD in its series-a.
Who invested in Shellworks's series-a?
The investors in Shellworks's series-a are: Paris-based impact investment fund (name not provided), Nat Friedman (NFDG), JamJar, Founder Collective, LocalGlobe, Third Sphere.
What type of investment was Shellworks's series-a?
Shellworks's series-a was a equity investment.
How will Shellworks use the funds from its series-a?
Shellworks plans to use the funds for: Expansion into the United States and the European Union, Establish regional production and global manufacturing capabilities, Scale sustainable materials production and achieve cost competitiveness, Develop global production network and technologies such as blow moulding, Support partnerships with mass-market brands and the wellness sector.