Every year, £1 trillion worth of food goes to waste globally. Metalchemy produces durable, organic packaging using nanotechnology that helps food stay fresh for longer, which in turn, would reduce emissions and cut costs. Having developed their MVP, they are now raising to expand their manufacturing and enter the UK market.
If food waste were a country, it would be the third-largest emitter in the world. Metalchemy aims to address this crisis through the circular economy and sustainable solutions via our nano-enabled bioplastics. Our research indicates it can save money to both businesses and consumers.
Metalchemy’s bio-packaging is plant-based and biodegradable, and could offer an alternative to petrochemical synthetic plastics. By incorporating our nanotechnology into bioplastics, our own research indicates that food shelf life can be increased by 7 days for meat, 5 days for cheese, and 4 days for fresh salad.
The global eco-friendly food packaging market is expected to grow from £113 billion in 2019 to £191 billion by 2027, at a CAGR of 6.8% during the forecast period of 2020-2027. We aim to sell our sustainable solutions via B2B to food retailers and distributors, and initiated discussions with these.
We opened two production facilities, developed MVPs, submitted several pending patents, created a portfolio of partnerships, were selected as both Alpha & Impact start-up at WebSummit and joined the NatWest accelerator programme.
With your investment, we aim to further develop our nano-enhanced bioplastics to optimise our product. We estimate our scale-up manufacturing could produce up to 800kg/year of bioplastic and begin our go-to-market strategy by running trial studies with potential clients.