Further funding for SurfactGreen
French bio-based surfactants firm SurfactGreen has received €4.7 million in investment, with €3.1 million in grants and repayable advances from ADEME and Bpifrance and €1.6 million in capital from its shareholders. This will enable it to double the workforce to 24, start international sales and accelerate the commercialisation of its products, the firm said.
After marketing first product in building materials in 2019, SurfactGreen developed, scaled up and marketed the first tonnes of its CosmeGreen within the hair care sector last year, based on their 100% natural, biodegradable and non-toxic credentials. Applications are also envisaged in detergents.