Triple S Ventures Invests in Sparxell startup
Triple S Ventures Invests $150,000 in Sparxell, a Pioneer in Fully Biodegradable High-Performance Pigments
July 16, 2024 – Triple S Ventures is excited to announce a $150,000 investment in Sparxell, an innovative UK-based startup. Founded by scientists from Cambridge, Sparxell is transforming the pigment industry with its fully biodegradable, non-toxic, high-performance pigments made from cellulose.
Emerging from cutting-edge research, Sparxell has already achieved significant milestones, securing pilot projects with renowned companies like LVMH, Chanel, and L'Oréal. These partnerships underscore the exceptional quality and potential of Sparxell's sustainable pigments, which are poised to revolutionize industries ranging from fashion to cosmetics.
The investment from Triple S Ventures will allow Sparxell to scale its operations, enhance research and development, and expand its market reach. This funding round also saw participation from other notable investors, including Future Communities Capital.
Sparxell's innovative pigments provide a sustainable alternative to traditional synthetic pigments, which often contain harmful chemicals and contribute to environmental pollution. Utilizing cellulose, a natural and renewable resource, Sparxell's pigments are environmentally safe while delivering exceptional performance in color vibrancy and durability.