VOID Technologies Secures £6 Million to Propel Eco‑Friendly Plastics
In a move that’s sure to make waves in the sustainability arena, VOID Technologies Ltd. (VOID) has landed a fresh £6 million, spearheaded by two heavyweight investors: SABIC Ventures B.V. (the petrochemical giant’s tech arm) and Capricorn Sustainable Chemistry Fund (backed by the Belgian asset manager Capricorn Partners).
What’s the Magic Behind VO+?
- It’s a nano‑cavitation wizardry that turns ordinary plastics into airy, high‑performance materials—think “lightweight, strong, and still fully recyclable.”
- By embedding tiny air pockets, VO+ can slash plastic use by up to 50% in packaging, all while boosting durability.
- Result? Products that are lighter, tougher, and greener than their conventional counterparts.
How VOID is Taking the World by Storm
VOID is partnering with global polymer players, packaging giants, and consumer goods brands to roll out these game‑changing materials. The goal? Help brands meet their climate goals while keeping supply chains humming.
James Gibson, VOID’s founder and CEO, shared his excitement:
“We’re thrilled to have backers like SABIC and Capricorn on board, especially in a tough financing climate post‑COVID. This cash will let us grow our lab, develop the tech further, and set up manufacturing hubs in the U.S. and Europe.”
“And the real win is that our tech makes plastics lighter, stronger, and more sustainable—a sweet spot that hits market demand head‑on. We’re ready to launch products with our partners.”
Investor Highlights
Aruna Subramanian from SABIC Ventures put it simply:
“We’re all about sustainability at SABIC. VOID’s VO+ is a standout, showing how to create circular, greener products from existing materials.”
Rob van der Meij of Capricorn Partners echoed that optimism:
“VO+ is a textbook example of how you can cut raw material use and boost product performance, especially in polyethylene film markets. It fits perfectly with our Sustainable Chemistry vision.”
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