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Tag: Notpla

Notpla lands $25M Series A+ round for algae-based plastic

Notpla lands $25M Series A+ round for algae-based plastic

October 10, 2024 |

In the UK, Notpla closed its Series A+ funding round securing over $25 million in equity fundraising to advance it into a new era of plastic-free materials and a healthier planet. This substantial investment, which more than doubled the company’s initial target, comes at a crucial time. Its innovative approach to sustainable packaging has garnered […]

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Notpla to be only untaxed single-use plastic in the Netherlands

Notpla to be only untaxed single-use plastic in the Netherlands

December 25, 2023 |

In the Netherlands, a seaweed-based plastic that is best known for winning Prince of Wales’ Earthshot Prize in 2022 has been named the first—and only—plastic-free material by the European Union. The designation was awarded after a nearly year-long verification process by the EU’s Single-Use Plastics Directive and exempts the material from the Netherlands’ 25-cent tax […]

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