Triple S Ventures Invests $150,000 in Sparxell, a pioneer in Fully Biodegradable High-Performance Pigments.
July 16, 2024 – Triple S Ventures is pleased to announce its latest investment in Sparxell, a groundbreaking UK-based startup. Sparxell, founded by Cambridge scientists, is revolutionizing the pigment industry by creating fully biodegradable, non-toxic, high-performance pigments from cellulose.
As a spin-off from cutting-edge research, Sparxell has already made significant strides in the market, securing pilot projects with prestigious companies such as LVMH, Chanel, and L'Oréal. These collaborations highlight the exceptional quality and potential of Sparxell's sustainable pigments, which are set to transform industries from fashion to cosmetics.
Triple S Ventures’ investment will enable Sparxell to scale its operations, enhance its research and development capabilities, and expand its market reach. This funding round also includes participation from other notable investors, including the Future Communities Capital.
"We are thrilled to support Sparxell in their mission to bring sustainable and environmentally-friendly solutions to the market," said Avag Simonyan, Managing Partner at Triple S Ventures. We believe Sparxell is poised to become a leader in the sustainable materials industry."
Sparxell's innovative pigments offer a sustainable alternative to traditional synthetic pigments, which often contain harmful chemicals and contribute to environmental pollution. By utilizing cellulose, a natural and renewable resource, Sparxell's pigments are not only safe for the environment but also deliver exceptional performance in terms of color vibrancy and durability.
For more information about Sparxell and their pioneering work in biodegradable pigments, please visit http://www.sparxell.com.
