Aqdot, a Cambridge, UK-based specialist chemical company, completed a £5m Series A funding round.
The company will use the funds to progress its products to market.
Led by Tim Wright, CEO, Aqdot develops proprietary technologies that encapsulate and protect valuable active materials (cargos) in a variety of settings.
Originally spun out of Cambridge University, the company is currently focusing on household products, fragrances and niche industrial applications.
Future potential applications include agrochemicals and pharmaceuticals.