News from PearL

A second successful fundraising

Now capable of deploying its biosorb® innovation on a greater scale, pearl has successfully achieved its second financing round in order to trigger its commercial development.

In 2014, PearL launched a first fundraising campaign amounting to 800 K€ with Forinvest Business Angels, professionals specialized in the forest sector, Dynalim (public co-investment), and the crowdfunding platform WiSEED, to trigger the industrialization of its Biosorb® innovation.

This was a success, as 10 000 m2 of biosorbent mat are now available for immediate use on a large scale, and the established industrial capacities allow for mass production in order to meet the projected demand.

Now remains for us to convince the market of the surprising results of this new ecological, economical and easy to use solution made in France.

A second fundraising for a similar amount has been launched and successfully achieved during the summer 2016 with initial investors, to ensure the commercial development of Biosorb®.