# Sparxell

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

- Industry: Materials
- Headquarters: Cambridge, UK
- Website: www.sparxell.com/
- Total disclosed funding: $3.2M
- Latest round: Seed (Apr 1, 2024)
- Investors on record: 8

## About

Founded in 2022 and based in London, UK, Sparxell Inc. operates as a developer and manufacturer of natural plant-base pigments that offer biodegradable-coloured materials. The company was founded by its CEO, Benjamin Droguet. In February 2026, Sparxell raised EUR 4.2 milion in pre-series A funding led by SWEN Capital Partners, with participation from Alpha Star Capita and Cambridge Enterprise,

The company offers versatile pigment powders, pearls, and glitters enriched with captivating lustre and charm for various applications, including fashion, cosmetics, packaging, arts and crafts, automotive coatings, paints and coatings, decoration, packaging, film, foils, and more.

The company also provides specialty shapes, including sequins used for electronics, industrial and manufacturing, entertainment and media, architecture, food, and beverage.

The company plans to utilize the February 2026 funding for manufacturing scale expansion, product certification acceleration, and hiring expansion.

## Funding rounds

- Seed, Apr 1, 2024, $3.2M — Cycle Capital Management, L'Oreal S.A., Joyance Partners, PDS Ventures, Future Communities Capital, Earth Venture Capital, Katapult VC, SNO Management,LLC

## Investors

- Cycle Capital Management (https://capitalatlas.ai/funds/cycle-capital-management) — Seed
- L'Oreal S.A. — Seed
- Joyance Partners (https://capitalatlas.ai/funds/joyance-partners) — Seed
- PDS Ventures (https://capitalatlas.ai/funds/pds-ventures) — Seed
- Future Communities Capital (https://capitalatlas.ai/funds/future-communities-capital) — Seed
- Earth Venture Capital (https://capitalatlas.ai/funds/earth-venture-capital) — Seed
- Katapult VC — Seed
- SNO Management,LLC — Seed