Matter raises $10m to scale microplastic filtration tech
Matter, a Bristol company developing microplastic filtration technology, has raised $10m in a Series A funding round that will help it move into industrial applications.
Microplastics are plastic particles less than five millimetres in size that are produced through the production and use of clothing and textiles. According to Matter, up to 700,000 microplastic fibres are released from washing machines and into waterways following each laundry cycle. An estimated 171 trillion microplastic particles are present in the sea, with suggestions that microplastics are harmful to the environment, as well as human and animal health.
Matter is working with domestic and commercial laundry appliance manufacturers to integrate its technology into their products ahead of incoming French legislation requiring new domestic and commercial washing machines to be fitted with microfibre filters by January 2025.
Matter is also partnering with textile brands and manufacturers to help them better understand and prevent pollution from microfibre fragmentation in the textile manufacturing process.
“Matter as a business is the brand behind brands,” said Adam Root, founder and CEO of Matter. “We are working with some of the biggest players in the field in the laundry industry which will enable us to make the biggest impact and deliver our technology at scale.
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