Recently, biobased material company ENABIO secured tens of millions of yuan in angel funding. The round was led by Linear Capital, with Bluepha participating as a follow-on investor, and Integrity Capital Partners serving as the exclusive financial advisor. Currently, ENABIO has already established multiple production lines for biobased fibers and biodegradable paper coating films.
ENABIO, founded in August 2022, specializes in high-performance modification and application innovation of biobased materials. Through toughening modification of PLA (polylactic acid) + PHA (polyhydroxyalkanoate) composite materials, they enable them to be used as 100% biobased packaging materials, widely applied in the cosmetics and food industries. By enhancing compatibility at the interface between PLA and PHA, the modified composite materials possess multiple excellent properties of both PLA and PHA, making them suitable for applications in the new generation of biobased fibers.
Zeng Yingzhe, a partner at Linear Capital, stated, “As single-component biobased materials such as PLA and PHA are difficult to meet the performance requirements, it greatly limits the application scenarios of new types of plastics downstream. Through unique modification methods such as multi-step continuous reaction enhancement accumulated by ENABIO, the downstream market applications have been greatly expanded, meeting the requirements of fields such as fibers and nonwoven fabrics.”
It is worth noting that in 2019, L’Oréal partnered with beauty packaging manufacturer Albéa to launch the first paper-based tube packaging, which predominantly used biobased certified paper materials. In August 2022, Mao Geping established Hangzhou Keyunshi Biotechnology Co., Ltd., which includes the manufacturing and technological research and development of biobased materials in its business scope.
It is evident that biobased materials have garnered attention from beauty companies due to their green, environmentally friendly, and resource-saving characteristics. In the context of a low-carbon economy, the substitution or partial replacement of chemical materials by biobased new materials is gradually becoming a new opportunity for green innovation in the cosmetics industry.
