# Floreon

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

- Industry: Materials
- Headquarters: Hull, UK
- Website: www.floreon.com
- Total disclosed funding: $2.5M
- Latest round: Series A (Nov 17, 2023)
- Investors on record: 1

## About

Based in Yorkshire, UK, and founded in 2011, Floreon Limited operates as a biotechnology research company that offers plant-based plastic made from crops such as corn and sugar cane. The company was founded by its CEO Shaun Chatterton. In November 2023, Floreon Limited raised GBP 2 million in series A funding led by Northern Gritstone.

The company develops plant-based plastic from crops such as corn and sugarcane. The sustainable materials technology company uses a formulation patented by the firm to make plant-based plastic stronger. It is used by clients for electrical components manufacturing.

The company plans to use the November 2023 funding to support manpower expansion and market launch.

## Funding rounds

- Series A, Nov 17, 2023, $2.5M — Northern Gritstone

## Investors

- Northern Gritstone (https://capitalatlas.ai/funds/northern-gritstone) — Series A