Sky Ocean Ventures

Sky Ocean Ventures is a pioneering venture capital firm dedicated to combating plastic pollution. It invests in innovative startups developing transformative products and solutions that reduce plastic usage and enhance recycling, thereby driving meaningful environmental impact.

Jeremy Darroch

Group CEO

Vanessa Draper

Director of Corporate Engagement and Partnerships

9 past transactions

Circulor

Series A in 2021
Circulor Ltd. is a company that specializes in developing a blockchain-based traceability system for industrial supply chains. Founded in 2017 and headquartered in London, with an additional office in Dublin, Circulor serves a diverse clientele, including car manufacturers, electric vehicle battery producers, commodity traders, and miners. The company's innovative platform leverages blockchain technology and artificial intelligence to enhance the traceability and due diligence processes in raw material sourcing. By tracking materials, emissions, and compliance throughout the supply chain, Circulor enables its customers to secure deliveries, manage payments, and verify the provenance of their raw materials, supporting their sustainability and responsible sourcing objectives.

Naturbeads

Pre Seed Round in 2020
Naturbeads Ltd., established in 2018 and headquartered in Malmesbury, UK, specializes in manufacturing biodegradable cellulose microparticles. These products aim to replace conventional plastic microbeads used in cosmetics, toiletries, and other industries. The company's mission is to mitigate microplastic pollution by offering a sustainable alternative developed through innovative research at the University of Bath.

Xampla

Seed Round in 2020
Xampla Ltd is a cleantech company based in Cambridge, United Kingdom, focused on developing and producing plant protein-based materials as sustainable alternatives to conventional plastics. Founded in 2018, Xampla specializes in creating biodegradable and biocompatible products, including microcapsules, beads, films, threads, and various other structures made entirely from pea protein. These materials are designed for diverse commercial applications, spanning sectors such as food, cosmetics, household products, animal feed, packaging, and medical uses. By eliminating synthetic ingredients and reducing reliance on polluting plastics, Xampla aims to provide environmentally friendly solutions that align with the growing demand for sustainable materials in the marketplace.

Notpla

Seed Round in 2020
Notpla Limited is a London-based company focused on developing sustainable packaging solutions aimed at reducing plastic waste and environmental impact. Founded in 2014, Notpla creates a range of products derived from seaweed and plants, including biodegradable takeaway food containers, flexible films, and edible sachets. The company's innovative materials are designed to be naturally derived and compostable without the need for specialized facilities, making them accessible for various applications. Notpla aims to contribute to a healthier planet by providing alternatives to conventional packaging that are both functional and environmentally friendly. The company was previously known as Skipping Rocks Lab Limited until it rebranded in July 2019.

Sulapac

Venture Round in 2019
Sulapac is a company focused on addressing the global plastic waste crisis through innovative biodegradable packaging solutions. It develops fully biodegradable and microplastic-free materials made from wood, which possess properties similar to traditional plastics. This enables Sulapac's packaging to maintain the functionality that consumers expect while offering a sustainable alternative. The company's products can be manufactured using standard processing techniques such as injection molding, extrusion, and blow molding, allowing customers to adopt these eco-friendly solutions without the need for new machinery. Sulapac's approach combines luxury, sustainability, and design versatility, making it a notable player in the shift towards environmentally responsible packaging.

CuanTec

Venture Round in 2019
CuanTec Ltd is a Scottish biotechnology company based in Motherwell, United Kingdom, founded in 2016. The company specializes in manufacturing biodegradable and compostable plastic films specifically for the food industry, using an innovative process that extracts chitin from the waste of shellfish, particularly langoustines. By utilizing a circular economy approach, CuanTec transforms marine waste from the fisheries industry into environmentally responsible packaging solutions. Their production process is low-energy and minimizes waste, employing harmless bacteria to extract chitin, resulting in a high-quality product. CuanTec's films are not only antimicrobial but also compostable and biodegradable, addressing the pressing issue of plastic pollution and helping to extend the shelf life of fresh food while reducing food waste.

Naturbeads

Grant in 2019
Naturbeads Ltd., established in 2018 and headquartered in Malmesbury, UK, specializes in manufacturing biodegradable cellulose microparticles. These products aim to replace conventional plastic microbeads used in cosmetics, toiletries, and other industries. The company's mission is to mitigate microplastic pollution by offering a sustainable alternative developed through innovative research at the University of Bath.

Notpla

Convertible Note in 2018
Notpla Limited is a London-based company focused on developing sustainable packaging solutions aimed at reducing plastic waste and environmental impact. Founded in 2014, Notpla creates a range of products derived from seaweed and plants, including biodegradable takeaway food containers, flexible films, and edible sachets. The company's innovative materials are designed to be naturally derived and compostable without the need for specialized facilities, making them accessible for various applications. Notpla aims to contribute to a healthier planet by providing alternatives to conventional packaging that are both functional and environmentally friendly. The company was previously known as Skipping Rocks Lab Limited until it rebranded in July 2019.

Algramo

Seed Round in 2015
Algramo is a Chilean company founded in 2013 that specializes in the retail of consumer products through automated dispensing machines utilizing returnable containers. Its business model focuses on providing basic necessity items, such as detergents, rice, and oil, in bulk to address affordability issues faced by low-income families, often referred to as the "poverty tax." By establishing wholesale relationships with manufacturers, Algramo purchases products in larger quantities, thereby reducing packaging costs without compromising quality. This innovative approach not only lowers prices for consumers but also minimizes the environmental impact of packaging waste. Algramo's automated dispensing platform enables customers to buy the precise amount of products they need at competitive prices, promoting a sustainable and cost-effective distribution system.
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