The Venture Codex Logo

The Venture Codex

Proionic

Parkring 18, Trakt H/1, Raaba-Grambach, Steiermark, 8074, Austria

Overview

Proionic provides new solutions for the efficient and competitive development and manufacturing of ionic liquids and their applications.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Chemical
  • Manufacturing
Visit website

Investment portfolio

  • Naturbeads

    Participated · Equity · Jul 2022

    Naturbeads develops a patented process to refine cellulose into perfectly round, biodegradable microbeads intended to replace plastic microplastics in cosmetics and multiple industrial applications. The company commercialises a continuous manufacturing process and built its first production plant in Puglia, Italy, targeting a 2026 product launch and a production ramp in June. Its cellulose beads are being tested in cosmetics, personal care, paints and coatings, adhesives, packaging and other applications, and the company claims they are 100% biodegradable with performance comparable to plastic microbeads. Naturbeads was founded in 2018 as a University of Bath spin-out by Professor Davide Mattia, the late Professor Janet Scott, and CEO Giovanna Laudisio. Financially, Naturbeads raised a €8.9 million Series A in 2024 led by Eos Advisory and has now received a €4.1 million EU grant to help fund its plant and R&D. The company expects regulatory changes in the EU banning certain microplastic uses to drive increased demand for its alternatives.

Team

No current team members are available.