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Developer of bio composite materials to replace plasterboard

Founded in 2013
Founded in

Company type Private Public ()
Company type

Industry Group materials & chemicals

Sector advanced manufacturing

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters United Kingdom London, United Kingdom
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Updated by Cleantech Group on 08/03/2023

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Undaunted - The Greenhouse Undaunted - The Greenhouse
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Confirmed by Undaunted - The Greenhouse
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IPO INFORMATION

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Date Investors Type Amount
08/01/2023 Counteract Counteract , Low Carbon Innovation Fund Low Carbon Innovation Fund , Semin Semin , Perivoli Innovations Perivoli Innovations (4)
Post-money valuation of
The new funding builds on its previous seed round, and will allow it to accelerate its ongoing research into carbon negative alternatives to the most widely used construction materials, with the firm saying it was looking to to licence its technology to “the world’s largest” building products manufacturers.
Seed $2,540,000
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