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University of Sheffield
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TRL Range
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 Sheffield, United Kingdom
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Parent Companies University of Sheffield

Updated by Cleantech Group on 12/22/2022

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12/11/2023
Floreon Floreon
The world’s first low-energy, non-oil-based, high-performance bioplastic, developed by Floreon with the University of Sheffield, has secured £2 million financing from Northern Gritstone
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IPO INFORMATION

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Date Investors Type Amount
11/28/2022 UK Department for Business, Energy and Industrial Strategy (BEIS) UK Department for Business, Energy and Industrial Strategy (BEIS) (1)
Post-money valuation of
Part of five energy storage projects across the UK which are receiving a share of over £32 million government funding from BEIS, (£2.60m).
Grant $3,124,823
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