MarinaTex Overview
- Year Founded
-
2019
- Status
-
Private
- Employees
-
8
- Latest Deal Type
-
Accelerator/Inc
- Investors
-
12
MarinaTex General Information
Description
Manufacturer of a biodegradable and compostable flexible film designed to replace single-use plastic packaging. The company utilizes fish waste and red algae to create a translucent, strong material that decomposes in home compost environments within four to six weeks, enabling the packaging industry to adopt sustainable alternatives without harmful chemicals.
Contact Information
Website
www.marinatex.co.ukCorporate Office
- Portland House, Belmont Business Park
- Durham DH1 1TW
- England, United Kingdom
Corporate Office
- Portland House, Belmont Business Park
- Durham DH1 1TW
- England, United Kingdom
MarinaTex Timeline
MarinaTex Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Accelerator/Incubator | 02-Jun-2026 | Completed | Generating Revenue | |||
| 9. Later Stage VC | 29-Oct-2025 | Completed | Generating Revenue | |||
| 8. Accelerator/Incubator | 01-Jan-2025 | Completed | Generating Revenue | |||
| 7. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 6. Accelerator/Incubator | 03-May-2024 | Completed | Generating Revenue | |||
| 5. Seed Round | 04-Apr-2024 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 01-Jan-2024 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 01-Jan-2022 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 01-Jan-2021 | Completed | Startup | |||
| 1. Grant | 01-Jan-2019 | $38K | Completed | Startup |
MarinaTex Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 417 | $0.013388 | $160.66 | $160.66 | 1x | $160.66 | 2.4% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
MarinaTex Patents
MarinaTex Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| GB-202202426-D0 | Compostable bioplastic and method of manufacture | Pending | 22-Feb-2022 | ||
| GB-2615829-A | Compostable bioplastic and method of manufacture | Pending | 22-Feb-2022 | ||
| WO-2023161620-A1 | Method of producing a compostable bioplastic film and compostable bioplastic film | Inactive | 22-Feb-2022 | C08J5/18 |
MarinaTex Signals
MarinaTex Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Leading Cities | Accelerator/Incubator | |||
| British Design Fund | Venture Capital | Minority | ||
| COREangels | Angel Group | Minority | ||
| One Planet Capital | Venture Capital | Minority | ||
| WilkinsonFuture | Corporate Venture Capital | Minority |
MarinaTex FAQs
-
When was MarinaTex founded?
MarinaTex was founded in 2019.
-
Where is MarinaTex headquartered?
MarinaTex is headquartered in Durham, United Kingdom.
-
What is the size of MarinaTex?
MarinaTex has 8 total employees.
-
What industry is MarinaTex in?
MarinaTex’s primary industry is Other Containers and Packaging.
-
Is MarinaTex a private or public company?
MarinaTex is a Private company.
-
What is MarinaTex’s current revenue?
The current revenue for MarinaTex is .
-
How much funding has MarinaTex raised over time?
MarinaTex has raised $1.02M.
-
Who are MarinaTex’s investors?
Leading Cities, British Design Fund, COREangels, One Planet Capital, and WilkinsonFuture are 5 of 12 investors who have invested in MarinaTex.
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