Swiss bio-materials company Seprify has announced a €13.4 million Series A funding to scale its cellulose-based materials platform. The investment is led by Inter IKEA Group and includes participation from other investors focused on the circular economy.

Alternative to titanium dioxide

Seprify's technology offers an alternative to titanium dioxide, a compound widely used in various sectors, including cosmetics, food, and coatings. Flagship products include SilvaLuma, a cellulose-based SPF booster for cosmetics, and SilvaAlba, a food-grade whitening solution.

Validation and partnerships

Seprify’s platform has reached a high level of maturity (TRL 7-9) through collaboration with industry partners. Currently, the company is engaged in supplier qualification processes and commercial discussions with over 100 customer organizations, ranging from active evaluations to early commercial supply.

Future goals

The company plans to use the funds to improve the quality and reliability of supply, meeting the operational standards required by large industrial customers. The immediate focus is on the cosmetics, personal care, and food (human and animal) sectors, with the aim of expanding into higher-volume applications such as coatings, inks, and printed electronics.