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Silicon Flash > Blog > Investments > Sparxell Secures €1.9M Funding from European Innovation Council
Investments

Sparxell Secures €1.9M Funding from European Innovation Council

Published May 22, 2025 By Juwan Chacko
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Sparxell Secures €1.9M Funding from European Innovation Council
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Summary:

  1. Sparxell, a plant-based colourant technology company based in Cambridge, UK, secured a €1.9M grant from the European Innovation Council to expand its operations and development efforts.
  2. Founded by University of Cambridge scientists Dr. Benjamin Droguet and Professor Silvia Vignolini in 2023, Sparxell uses biodegradable pigments to create non-toxic and biodegradable colour solutions from materials like wood pulp and agricultural waste.
  3. The company has made a mark in the luxury market, collaborating with prestigious brands like Louis Vuitton, Christian Dior, Givenchy, and Loewe, while also focusing on sustainability and reducing environmental impact in industries such as fashion, cosmetics, and packaging.

    —

    Sparxell, a pioneering plant-based colourant technology company headquartered in Cambridge, UK, recently announced a significant milestone by securing a €1.9M grant from the European Innovation Council (EIC). This funding injection is earmarked for the expansion of the company’s operations and furthering its development efforts in the realm of sustainable colour solutions. Spearheaded by the expertise of University of Cambridge scientists Dr. Benjamin Droguet and Professor Silvia Vignolini, Sparxell is at the forefront of leveraging biodegradable pigments to revolutionize the way colours are created, without the reliance on fossil-based chemicals.

    Since its establishment in 2023, Sparxell has been committed to transforming cellulose from easily accessible sources such as wood pulp and agricultural waste into non-toxic and biodegradable colour solutions. This innovative technology not only offers a sustainable alternative to traditional textile dyeing and printing processes in the fashion industry but also opens up possibilities for toxicity-free applications in cosmetics, food, packaging, and paint sectors. By championing large-scale recycling and circularity across various industries, Sparxell is leading the charge towards a more environmentally friendly future.

    In addition to its groundbreaking technology, Sparxell has successfully positioned itself in the luxury market, forging partnerships with esteemed brands like Louis Vuitton, Christian Dior, Givenchy, and Loewe. The company’s commitment to sustainability and eco-conscious practices has resonated well with these heritage brands, further solidifying Sparxell’s reputation as an industry leader in innovative and sustainable colour solutions. With its recent expansion of headquarters capacity in Cambridge to facilitate kilogram-scale production, Sparxell is poised to accelerate innovation and meet the growing demand for eco-friendly colour solutions in the market.

    As Sparxell continues to make strides in the realm of sustainable colour technology, its impact on industries ranging from fashion to packaging is poised to create a ripple effect towards a more sustainable and environmentally conscious future. With a strong foundation built on innovation, sustainability, and collaboration with luxury brands, Sparxell is set to drive positive change in the way we perceive and utilize colours in various applications.

See also  OpenAI Secures $38 Billion Investment from Amazon Inks for Nvida Chip Deal
TAGGED: 1.9M, Council, European, Funding, innovation, Secures, Sparxell
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