Scottish Biotech Innovator Secures Up To £1.1 Million Investment From Scottish Enterprise
Green Bioactives, a leader in the sustainable production of plant-based natural products through its proprietary Plant Cell Culture Technology platform, has secured grant of up to £1,097,016 from Scottish Enterprise.
The grant will support an 18-month research and development initiative focused on the production and initial scale-up of natural products that are derived from plant cell culture, which will enable Green Bioactives to supply customers in waiting in the cosmetic and personal care industries.
The project will accelerate Green Bioactives’ ability to deliver sustainable, plant-based alternatives to conventionally sourced bioactives, addressing the growing industry demand for ethical and environmentally friendly ingredients.
The grant builds on Scottish Enterprise’s continued support for Green Bioactives, complementing previous funding and advisory assistance as the company expands its R&D and manufacturing capabilities.
“Green Bioactives is a prime example of the kind of ambitious and innovative companies we are keen to see scale-up in Scotland and we are proud to support this growth.
“By providing funding and wraparound support, we are confident we will help the company really revolutionise the skincare industry, with the benefits that will bring to the company and in turn Scotland’s economy.”
“We are incredibly grateful for Scottish Enterprise’s continued support, both financially and in helping to develop our capacity and capabilities. This funding allows us to accelerate progress of our innovative biomanufacturing platform, which we believe will revolutionise the sustainable production of high-value plant-derived ingredients across several industries. This grant will play a key part in ensuring we can scale our technology and bring real-world solutions to market.”
Green Bioactives is committed to developing ingredients through plant cell culture to create sustainable alternatives to traditional wild-harvesting and synthetically produced ingredients. This latest project marks another significant step in the company’s mission to deliver commercially viable, environmentally responsible solutions for global markets.
For more information about Green Bioactives and its pioneering work, please visit www.greenbioactives.com.
Green Bioactives was established in 2019 and works to replace current unsustainable methods of extraction and bring cost effective and improved bioactives to the market. The company occupy office and lab space on Pentlands Science Park, in Midlothian Science Zone.
For further information, please contact:
Pentlands Science Park
Bush Loan
Penicuik
Midlothian, EH26 0PZ
Park Manager: Linda Yuill
T: +44 (0)131 445 5111