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Sparxell

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High-performance, plant-based pigments using bio-inspired structural colour

Cambridge, United KingdomFounded 2022Chemicals
Valuation $10–25M Last recorded · 2026
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Sparxell and the history behind them.

About Sparxell

Sparxell is a University of Cambridge materials spin-out founded in 2022–2023 by Dr Benjamin Droguet (CEO) and Professor Silvia Vignolini that engineers cellulose into plant-based structural colour pigments, inks, glitters, sequins and films as plastic-free, toxin-free alternatives to synthetic dyes and mined minerals. Applications span textiles, cosmetics, packaging, paints and coatings; milestones include plant-derived textile inks with Positive Materials and a collaboration with Patrick McDowell. Earlier capital included seed and grant support (Circular Innovation Fund / L’Oréal, Future Communities Capital, PDS Ventures, Katapult, Joyance Partners) plus a separate €1.9 million EIC grant. In February 2026 Sparxell raised €4.2 million ($5 million) pre-Series A led by SWEN Capital Partners’ Blue Ocean 2 fund with Alpha Star Capital and Cambridge Enterprise, to move from pilots to tonne-scale manufacturing, accelerate certifications and hire for commercialisation. Sources: EU-Startups 3 Feb 2026; sparxell.com.

Source: Dealroom company data

At a glance

Founded
2022
Headquarters
Cambridge, United Kingdom
Sector
Chemicals

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed11 investors entered at this stage

  • Katapult Group
  • Future Communities Capital
  • Joyance Partners
  • Circular Innovation Fund
  • SNØCAP
  • Earth Venture Capital
  • PDS Limited
  • L'Oreal
  • European Innovation Council
  • UK Research and Innovation
  • SWEN Capital Partners
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇬🇧 United Kingdom93.8%
🇺🇸 United States6.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Sparxell on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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