In the UK, in a huge step forward for the business, Kelpi has secured £4.35 million ($5.5m) in investment to take its pioneering biomaterial technology to market. The funding round will fund the next chapter for the business, allowing it to expand operations, grow the team and run scale-up pilots to plot its pathway to launch. The funds will be used to advance manufacturing pilots and gain regulatory approval for the proprietary coatings for paper and card as well as continue a commercial roll-out. Biofuels Digest 17/6/2024