Notpla is in the process of raising up to £4m to fund the further develop our sustainable packaging business, including two whole new product lines. We have secured over £3m already from a combination of impressive VC funds, and want to offer the opportunity to re-invest to our current shareholders.
Notpla is a sustainable packaging company pioneering the use of seaweed and plants extracts to create materials with low environmental impact. Our mission is to provide sustainable solutions to companies as an alternative to plastic packaging. 150 million tonnes of plastic waste reaches the oceans every year, taking c.700 years to decompose. We believe that natural solutions are the future and proud to be are leading this movement.
Notpla is both the name of the company and the materials we create, which are always natural and home compostable. You will be familiar with Ooho, our first product, which is a a flexible packaging for liquids. We have now developed our own proprietary machine to manufacture the Ooho, and some of our commercial successes include the roll-out of this as method of hydration at running events with Lucozade Sport, as a sampling method for drinks with Glenlivet, and trials as a replacement for condiment sachets with Hellmans.
However in the past 3yrs since we first raised on Crowdcube we have been busy developing two additional product lines. The 'liner' is a greaseproof and water resistant coating for paper based food trays. Its first commercial trial is currently ongoing with Just Eat. The 'films' are a range of clear films to package dry goods, and are beginning their industrialisation process with some initial trials lined up for later this year.