Planet Good, a London-based biomaterials startup growing a biodegradable superabsorbent polymer to switch fossil-based plastics, has raised $1m (£760,000) in a pre-seed funding spherical.
The startup is concentrating on the sanitary product market, at present rife with dangerous plastic waste in merchandise similar to nappies and sanitary pads.
Planet Good is growing its plastic various, known as PlanetSorb, that it claims biodegrades inside six months with out leaving microplastics behind while outperforming conventional supplies in absorbtion.
“We’ve proven that sustainability doesn’t need to imply sacrifice,” stated Dr Gerald Marin, cofounder and chief govt of Planet Good.
“Our materials is greener, quicker, and constructed to scale, and crucially, it merely disappears when its job is completed.”
A brand new father himself, Marin stated the mission of his firm has turn into “deeply private”.
Marin stated: “Each mum or dad is aware of the guilt of throwing away nappies. The very first thing we do to infants the second they’re born is wrap them in plastic. I need to change that by creating smarter biomaterials that my daughter gained’t have to scrub up in thirty years’ time.”
The funding spherical got here from Basic Inception, Vertical Enterprise Companions, Innovate UK and Undaunted Accelerator.
“Planet Good exemplifies the sort of high-impact, science-driven firm that may transfer the needle on local weather and waste,” stated Sara Jones, vice chairman at Basic Inception. “They’re tackling a worldwide air pollution difficulty with real business pragmatism.”
