Financials

Estimates*

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Revenues, earnings & profits over time
EUR20192020
Revenues<1m<1m
% growth-1 %
EBITDA<1m<1m
% EBITDA margin35 %35 %
Profit<1m<1m
% profit margin33 %33 %
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DateInvestorsAmountRound

N/A

Spinout
N/A

N/A

Grant
*

$2.0m

Series A
*

£250k

Grant
Total Funding€2.1m

Recent News about Floreon

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More about Floreoninfo icon
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Floreon is a pioneering company in the bioplastics industry, specializing in the development of advanced plant-based plastics made from renewable resources like corn and sugar cane. The company operates primarily in the sustainable materials market, offering a viable alternative to traditional oil-based plastics. Floreon's core product is a halogen-free, flame retardant bioplastic that can be used in various applications, including consumer electronics, automotive parts, and toys. This innovative material can be processed using existing manufacturing equipment, eliminating the need for additional investment and facilitating a smooth transition for manufacturers.

Floreon's business model revolves around selling its proprietary bioplastic materials to manufacturers and businesses looking to adopt more sustainable practices. The company generates revenue through direct sales of its bioplastic products and potentially through licensing agreements for its technology. Floreon's clients include manufacturers in the consumer electronics, automotive, and toy industries who are seeking environmentally friendly alternatives to conventional plastics.

The company is also a certified B Corporation, reflecting its commitment to social and environmental performance, accountability, and transparency. This certification underscores Floreon's dedication to sustainability and its positive impact on the communities in which it operates.

Keywords: bioplastic, renewable, flame retardant, halogen-free, sustainable, consumer electronics, automotive, toys, B Corporation, plant-based.

Tech stack

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