Pre-Series A closed February 2026, led by SWEN Capital Partners Blue Ocean 2.[1][2][6]

post-money valuation is not publicly disclosed.

Named investors include SWEN Capital Partners, Alpha Star Capital, Cambridge Enterprise, Circular Innovation Fund, Future Communities Capital, PDS Ventures, Katapult, Joyance Partners, SNØCAP VC, Earth Venture Capital.[1][3][8]

Benjamin Droguet, Founder & CEO[1][4][9]

Silvia Vignolini, Co-founder & Chief Scientific Advisor[1][4][9]

Simon Kew, COO[7][10]

Richard Parker, Head of Research and Development[7][10]

Octarine Bio · octarine.bio · Same buyer and job to be done: bio-based natural colourants replacing synthetic pigments for fashion and beauty brands, named alongside Sparxell in EU-Startups coverage of the bio-based colour funding wave.[1]

Cellugy · cellugy.com · Same buyer and adjacent workflow: cellulose-based biodegradable materials targeting brands under microplastics regulation, named alongside Sparxell in EU-Startups coverage.[1]

Living Ink Technologies · livingink.co · Same buyer and job to be done: plant-based pigment alternatives for textile and packaging brands seeking to replace petroleum-derived colourants, referenced in Sparxell COO's network as a peer in sustainable pigment trials.[10]

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