Vietnam's Earth VC Joins $3.2 Million Funding Round for UK’s Sustainable Pigment Innovator

Earth Venture Capital (Earth VC), a climate tech venture firm from Vietnam, has participated in a $3.2 million funding round for Sparxell, a UK-based developer of high-performance, plant-based pigments.

• Funding Round: Led by the Circular Innovation Fund and L’Oréal, with contributions from Future Communities Capital, PDS Ventures, Katapult, Joyance Partners, and SNØCAP VC.

• Sustainable Impact: Sparxell’s technology addresses the environmental harm caused by traditional chemical colorants. The company’s pigments are plant-based, biodegradable, and non-toxic, offering vibrant, long-lasting colors.

• Expert Insights: Tien Nguyen, Founding Partner at Earth VC, commends Sparxell’s efficient team and the natural beauty their technology brings to the world. He believes Asia is a key market for scaling up this transformative technology.

• Market Impact: Sparxell’s technology promises to revolutionize the colorant market, offering sustainable alternatives for beauty products, fashion, packaging, and paints.

Earth VC continues its mission to support startups with cutting-edge tech solutions to decarbonize Emerging Asia, and this investment in Sparxell marks a significant step towards a more sustainable future.