MarinaTex Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 8

Employees

  • 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

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Portland House, Belmont Business Park
  • Durham DH1 1TW
  • England, United Kingdom
Primary Industry
Other Containers and Packaging
Other Industries
Environmental Services (B2B)
Vertical(s)
Corporate Office
  • Portland House, Belmont Business Park
  • Durham DH1 1TW
  • England, United Kingdom

MarinaTex Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view MarinaTex’s complete valuation and funding history, request access »

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%
To view MarinaTex’s complete cap table history, request access »

VC Exit Predictor

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Opportunity Score

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Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

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

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
You’re viewing 5 of 12 investors. Get the full list »

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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