Biome proposes to raise gross proceeds of £1.1 million via the Fundraise to accelerate Biome Bioplastics’ growth and development
Market drivers in favour of bioplastics include the continued focus by leading brands as well as the public on environmental issues caused by non-biodegradable oil-based plastics and the need for alternatives
Undertaking the Financing now will enable the Company to capture and support the momentum of the Bioplastics division
The full announcement can be found here
