# FlexSea

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/flexsea

- Industry: Packaging
- Headquarters: London, UK
- Website: www.flex-sea.com/
- Total disclosed funding: $2.4M
- Latest round: Seed (Sep 30, 2023)
- Investors on record: 7

## About

Established in 2020 and based in London, UK, FlexSea Ltd. operates as a packaging company that develops compostable biopolymer material made from seaweed to replace plastic film packaging. The company was co-founded by Carlo Fedeli (CEO), Thibaut Monfort-Micheo (CTO), and Mattia Parati. In October 2023, FlexSea Ltd. raised EUR 1.5 million in Grant funding from new investor Innovate UK. 

The company aims to replace traditional petroleum plastic film with an all-natural material derived from seaweed. The company is involved in the manufacture of plastic packing goods and research and experimental development on biotechnology. The company's application use is in industries of such as food, dry items, cosmetics, and textiles.

## Funding rounds

- Seed, Sep 30, 2023, $2.4M — Icon Capital, Indico Capital, Redrice Ventures, Vala Capital, Btomorrow Ventures, Pente Capital, Food Foundry

## Investors

- Icon Capital (https://capitalatlas.ai/funds/icon-capital) — Seed
- Indico Capital (https://capitalatlas.ai/funds/indico-capital) — Seed
- Redrice Ventures (https://capitalatlas.ai/funds/redrice-ventures) — Seed
- Vala Capital (https://capitalatlas.ai/funds/vala-capital) — Seed
- Btomorrow Ventures (https://capitalatlas.ai/funds/btomorrow-ventures) — Seed
- Pente Capital (https://capitalatlas.ai/funds/pente-capital) — Seed
- Food Foundry — Seed