B’ZEOS, a European company focused on innovative blue-tech solutions, has successfully closed its seed funding round led by Faber, with additional contributions from ICIG Ventures, the venture capital arm of International Chemical Investors Group. This financing will help B’ZEOS scale its compostable, seaweed-based packaging technologies.
The recent funding round builds upon prior investments from biotech investor biotope by VIB and ocean-tech accelerator Sustainable Ocean Alliance, as well as various grants from institutions including the Research Council of Norway and the Eureka Network’s Eurostars programme.
The partnership with Faber and ICIG is expected to enhance B’ZEOS’ product development capabilities and accelerate its move towards commercial production. Faber, which focuses on ocean-based technologies, aligns well with B’ZEOS’ objectives, while ICIG’s expertise in biotechnology is anticipated to aid in optimizing the company’s product offerings.
B’ZEOS specializes in packaging solutions derived from seaweed, which are fully bio-based, home-compostable, and compatible with existing packaging production lines. The use of seaweed is notable for its rapid growth, capacity to sequester CO2, and low resource demands, making it a sustainable alternative to traditional plastics. The company has conducted five paid pilot tests in collaboration with major industry players, including Nestlé, to demonstrate the viability of its solutions.
As the demand for sustainable packaging continues to grow, B’ZEOS is poised to play a significant role in providing alternatives that meet industry needs while addressing environmental concerns.
