THE WHAT? Swiss biomaterials company Seprify has raised €13.4 million (CHF12.25 million) in Series A funding to support the scale-up of its cellulose-based materials platform.

THE DETAILS The investment round includes participation from Inter IKEA Group, Una Terra, Zürcher Kantonalbank (ZKB), Cambridge Enterprise Ventures and Kickfund, alongside other circular-economy-focused investors. The funding will help Seprify expand commercial production, support industrial partnerships and advance the deployment of its bio-based materials across multiple sectors.

Seprify’s technology focuses on producing high-performance cellulose ingredients designed as sustainable alternatives to traditional materials with higher environmental impacts.

THE WHY? The funding will enable the company to accelerate industrial scale-up and meet increasing demand for bio-based and lower-carbon material solutions across industries.

Source: Cambridge Enterprise