Startups made easy. Sorted.

Deal Announcement Sol Gel
News 1 min read

SgMA secures financing to accelerate the green packaging revolution

Published:  May 7, 2024
Abdul Khan
Abdul Khan

The SeedLegals Advisory team advised Sol-gel Materials and Applications Limited (SgMA) on its investment from funds managed by Oaktree Capital Management, L.P. (Oaktree).

Solgelica is an award-winning paper-treatment technology based upon silica sand. Solgelica makes water- and oil-proof paperboard for food and drinks applications, that are compliant with regulatory safety standards, without using any toxic chemicals or compromising the paper’s recyclability or biodegradability. The investment from Oaktree will help to accelerate the scale-up of SgMA’s Solgelica technology for 100% plastic-free packaging solutions in the EU and the UK.

Oaktree is a leading global investment manager that specialises in alternative investments.

The SeedLegals Advisory team was led by Abdul Khan and Anna Sivula with assistance from Emily Coyne and Seyjel Danani.

For more details on the investment, please see the press release here.

The SeedLegals Advisory team provides legal advice to early stage & high growth businesses from term sheet negotiation through to closing. For more details, please contact Abdul Khan ([email protected]) and Anna Sivula ([email protected]).

Get answers fast, for free

Bring all your questions - we’ve got the answers! We’ll match you with the right specialist.
Are you an existing customer?

Start your journey with us

  • Beulah
  • Brolly
  • Oddbox Transparent
  • Index Ventures
  • Seedcamp
  • Qured