Who founded Sparxell?

Sparxell was founded by Benjamin Droguet.

Who are Sparxell's investors?

Sparxell's investors include Circular Innovation Fund, Earth Venture Capital, Granatus Ventures, Cycle Capital, SWEN Capital Partners.

Sparxell

7 known investors

sparxell.com ↗

Sparxell makes biodegradable, plant-based pigments and colored materials derived from naturally reflective cellulose crystals, avoiding mica, titania, and dyes. The products target companies seeking sustainable colorants with reduced environmental and health impact.

Circular EconomyCleantechNew Materials

Founders & leadership

Benjamin DroguetinFounder

Investors · 7

Circular Innovation FundMontreal

Earth Venture Capital

Granatus VenturesYerevan · $100K – $4.7M

Cycle CapitalreportedMontreal

SWEN Capital PartnersreportedIssy-les-Moulineaux

Also in the syndicate · 2

Alpha Star CapitalCambridge Enterprise Ventures

Funding

SEC filings, press & company announcements

Undisclosed amountPre-Series AFeb 2026 · 3 sources
SWEN Capital Partners (lead), Alpha Star Capital, Cambridge Enterprise Ventures
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Sparxell raises $5M Pre-Series A to scale revolutionary plant-based colour technology – Cambridge Enterpriseenterprise.cam.ac.uk · Feb 2026

Cambridge University Spinout Bags $5M to Scale Up Plant-Based Coloursgreenqueen.com.hk · Feb 2026

Sparxell Raises $5m in new funding round to scale its plant-based colour tech - FashionNetwork USAus.fashionnetwork.com · Feb 2026

Deeptech Start-ups Sparxell and Haelixa Secure Multimillion Pre-series A Funding Rounds: Sustainable Scenewwd.com · Feb 2026

Sparxell raises $5m in pre-series A fundingwtin.com · Feb 2026

Sparxell Raises $3.2m to Advance Development of Sustainable Pigmentsbusinesswire.com · Apr 2024

Frequently asked questions

What does Sparxell do?: Sparxell makes biodegradable, plant-based pigments and colored materials derived from naturally reflective cellulose crystals, avoiding mica, titania, and dyes. The products target companies seeking sustainable colorants with reduced environmental and health impact.
Who founded Sparxell?: Sparxell was founded by Benjamin Droguet.
Who are Sparxell's investors?: Sparxell's investors include Circular Innovation Fund, Earth Venture Capital, Granatus Ventures, Cycle Capital, SWEN Capital Partners.