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CuanTec logo — Opening up the potential of the sea

CuanTec

Opening up the potential of the sea

Founded 2016 United Kingdom Oban, United Kingdom 24 employees Series Unknown Total: $150.00K Biotechnology, Life Sciences

General Information

Company Name CuanTec
Founded Year 2016
Location United Kingdom Oban, United Kingdom +1
Employees 24
Industries Biotechnology, Life Sciences
Funding Stage Series Unknown
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About CuanTec

CuanTec is a biotechnology startup based in the United Kingdom, with a mission to open up the potential of the sea. The company focuses on circular economy principles, utilizing innovation and technology to create new materials from natural sources. They have developed a pioneering process that harnesses biology to extract high-quality chitin from fisheries waste, the world's second most abundant natural biopolymer. This extracted chitin is then used to produce non-plastic alternatives for high-demand products, with the first being packaging from food waste. This innovation not only addresses the issue of ocean plastic pollution but also extends the shelf-life of delicate products like fresh fish, contributing to zero waste and zero tolerance of marine plastic. CuanTec, founded in 2016, recently received a Venture Round investment on 01 January 2023 from Planet Fund. The company's work intersects biotechnology and sustainability, positioning it as an attractive opportunity for venture capital investment. With its focus on addressing environmental concerns while offering innovative, sustainable alternatives, CuanTec presents a promising investment prospect for venture capital firms seeking impactful and forward-thinking opportunities in the biotechnology and circular economy sectors.

Taxonomy: CircularEconomy, Innovation, Technology, Biopolymer, Chitin, SustainableMaterials, PlasticAlternatives, FoodWaste, Packaging, OceanPlastic, ZeroWaste, MarinePlastic, NaturalSources, FisheriesWaste, ShelfLifeExtension

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 1
Investor
01 Jan 2023
Venture Round •••••• 2
Investor Investor
03 Sep 2019
Grant •••••• 1 •••• •••• 28 Jun 2017
Seed Round •••••• 3
Investor Investor
•••• •••• 		07 Dec 2016

CuanTec Alternatives & Competitors

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FAQ About CuanTec

Opening up the potential of the sea
CuanTec was founded in 2016.
CuanTec is headquartered in Oban, United Kingdom.
CuanTec operates in the following industries: Biotechnology, Life Sciences.
CuanTec has approximately 24 employees.
CuanTec has completed 4 funding rounds, raising a total of $150.00K. The latest funding stage is Series Unknown.
Top alternatives and competitors to CuanTec include Keyport LLC, NAUTI, Vibers, ilāpothecary, Milanesi Skincare. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CuanTec and Keyport LLC are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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