The next Ventures Thrive finalist we’ll be shining a spotlight on is SeaSoil - a biotech company fighting plastic pollution by transforming agricultural waste into a biomaterial similar to popular plastics.
The SeaSoil team creates this innovative material by putting agricultural and food waste through a biotechnologically advanced process which, in turn, produces new molecules similar to popular plastics, such as polypropylene and polyethylene. This material is also biodegradable in all conditions of microbial contamination (e.g. sea, soil, and forests), meaning that at the end of its life it will leave behind compost and other micronutrients commonly present in the environment.
These benefits, together with the material’s waterproof, impact-resistant, and durable nature, make SeaSoil’s product an ideal replacement for plastic in agriculture (as well as other industries).
Country of Origin: Poland 🇵🇱
Focus Area/s: Agriculture & Waste
Here’s what Michael Cyrankiewicz, CEO at SeaSoil, has to say about his startup’s Ventures Thrive journey:
“The most invaluable support we've received from VT has undoubtedly been the one-on-one mentor consultations. These sessions have provided us with critical insights, guidance, and actionable advice to navigate various challenges and make informed decisions. Additionally, securing funding through VT has been instrumental in driving our project forward, enabling us to invest in research, development, and scaling our operations.
Since May, we've achieved several significant milestones. First and foremost, we successfully secured a substantial venture capital investment. This funding injection has allowed us to expand our team of scientists and researchers, accelerating our project's progress. We've made substantial strides in advancing our technology, achieving higher Technology Readiness Levels (TRLs), and conducting critical research that positions us closer to our goals.”
We look forward to sharing more of SeaSoil’s journey with you as they navigate the remaining stages of the Ventures Thrive programme. Keep your eyes peeled for updates!
Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or European Innovation Council and SMEs Executive Agency (EISMEA). Neither the European Union nor the granting authority can be held responsible for them.
Ventures Thrive, project No 101073762 has received funding from the European Union’s Horizon Europe framework programme, under the European Innovation Council’s StartUpEU initiative.