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Sparxell secures funding to scale plant-based colour technology

Cambridge-based biotech firm Sparxell has raised 5 million US dollars in a pre-series A funding round to scale its 100 percent plant-based, high-performance biodegradable colour technology, as it looks to replace toxic chemicals in the 48 billion US dollar global colourants market. The round was led by SWEN Capital Partners’ Blue Ocean 2 fund,...

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