Floreon

Floreon is an innovative plant-based bioplastic company with a slogan "Redefining PLA." Founded in 2011 and headquartered in the United Kingdom, Floreon offers a plant-based durable bioplastic that serves as an environmentally friendly alternative to traditional oil-based plastics. This award-winning, high-performance formulation is derived from renewable crop sources and delivers a substantially lower carbon footprint while maintaining product performance.

Floreon's durable flame-retarded solution, a world-first bioplastic, seamlessly integrates into current manufacturing processes. The company has been recognized as a BCORP, showcasing its dedication to sustainable products and business practices.

Their bioplastic can be recycled through mechanical recycling, chemical recycling, or commercial composting, reflecting their commitment to a circular economy. With bio-based solutions expected to account for 40% of the global plastics market by 2030–amounting to a potential $324bn market–Floreon positions itself to enable brands to lead the way in adopting sustainable practices.

The company recently secured a £2.00M Series A investment on 21 November 2023 from Northern Gritstone, signaling a strong investor confidence in Floreon's innovative approach to bioplastics and sustainable manufacturing.