Tech Company Financing Transactions
Floreon Funding Round
Northern Gritstone participated in a $2.5 million Series A funding round for Floreon. This venture round was recorded on 11/21/2023.
Transaction Overview
Company Name
Announced On
11/21/2023
Transaction Type
Venture Equity
Amount
$2,510,000
Round
Series A
Investors
Northern Gritstone (Lead Investor)
Proceeds Purpose
Investment will allow Floreon to expand its team and bring its products to market.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Bridgehead Business Park, Meadow Road
Hull, HU13 0GD
UK
Hull, HU13 0GD
UK
Phone
Undisclosed
Website
Email Address
Overview
Developer of a plant-based plastic intended to provide an environmentally friendly alternative to oil-based plastics. The company uses a plant-based material, as a base and then adds additives to create tough bioplastic, which competes on performance with oil-based plastics but with a substantially lower carbon footprint, helping clients to achieve their sustainability goals.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shaun Chatterton
Chief Technical Officer
Andrew Gill
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