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Ponda

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Ponda is a biomaterials company developing next-generation textiles from wetland plants.

101%
 - 
Funded 26 Aug 2026
£1,400,003 target
£1,422,538 from 249 investors
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Business overview

Location Bristol, United Kingdom
Social media
Website www.ponda.bio
Sectors Clothing & Accessories Non-Digital B2B
Company number 12614828
Incorporation date 20 May 2020
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Investment summary

Type Equity
Valuation (pre-money) £7.5M
Equity offered 15.93%
UK tax relief

EIS

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Business highlights

  • BioPuff®: Premium plant-based textile insulation
  • Tackling fashion's reliance on oil & animal down
  • Active collaborations with leading global brands
  • Restores wetlands while securing rural livelihoods
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Key features

  • Secondary Market
  • Nominee investment min. £25.08 +

Pitch

About the Campaign

Ponda is a biomaterials company creating BioPuff®, a plant-based textile insulation. With active pilots, brand partnerships and a regenerative wetland agriculture supply chain- we are building innovative, climate-positive systems. Join our VC-backed seed round and support the future of fashion.

Market Opportunity

Warmth should not still depend on oil-based fills and animal down in a £1tn apparel market. As regulation tightens and brands seek scalable alternatives, BioPuff® meets this demand with a high-performance plant-based insulation backed by a regenerative, carbon-capturing wetland supply chain.

Traction & Key Accomplishments

Ponda has secured £2.7m+ in grants and VC funding, generated 200+ brand enquiries, built a multi-country supply chain and validated BioPuff®’s thermal performance. It has worked with Stella McCartney, Sheep Inc and Ahluwalia, with Berghaus engaged through partnerships and LOIs. Ponda won the H&M Foundation Changemaker Award, earned PETA recognition, featured in Vogue Business and the BBC, and showcased to King Charles III in March 2026.

Use of Funds

Funds will scale up manufacturing (40%), drive go-to-market and eco-corporate merchandise (25%), build a world-leading large-scale demonstrator (20%), and advance R&D (15%). This enables Ponda to move from pilot to commercial scale and unlock larger contracts.

Investor Perks

Please note that any discounts, rewards and/or offers listed by a company in its campaign are subject to the terms and conditions applied by that company and listed above. It is the company’s responsibility to honour such discounts, rewards and/or offers and Republic Europe does not take any responsibility for them.

Key Information

Key information investment sheet

Key Investment Information Sheet is available by downloading the following documents:

Share Classes

The Company currently has 3 classes of shares: Ordinary Shares, B Ordinary (Non-Voting) Shares and Series Seed Shares.

All investors in this round, including Republic Europe investors, will receive Series Seed Shares.

Holders of Ordinary Shares and Series Seed Shares will have voting rights. Holders of B Ordinary (Non-Voting) Shares shall not be entitled to to vote.

On a liquidation, return of capital or exit, the proceeds will be distributed as follows:

(1) First, Series Seed Shareholders will receive an amount equal to their Preference Amount (£12.54 or £10.03 per share as applicable) plus Arrears, while Ordinary, B Ordinary, and Pro Rata Series Seed Shareholders receive a nominal 0.00001% of that aggregate sum.

(2) Then, the remaining balance of Surplus Assets is distributed 99.99999% to Ordinary, B Ordinary, and Pro Rata Series Seed Shareholders and 0.00001% to Series Seed Shareholders.

If the amount of proceeds to be distributed exceeds the Series Seed Shareholders’ preference, each Series Seed share will be considered a Pro Rata Series Seed share, and the distribution will be made on a pro rata basis to all shareholders.

Anti Dilution Protection

The Series Seed shares have anti-dilution protection calculated on a broad-based weighted average basis (unless otherwise waived by the majority of the Series Seed Shareholders). This means if shares are issued at a price below the price that the shareholders invested at , they will be issued new shares to mitigate the dilution suffered.

Group Structure

Investors in this round are investing into and will become shareholders of SALTYCO LTD, Company number: 12614828. This is the holding company for the group.

The group structure is as follows:

1. SALTYCO LTD
2. Greenhelp, Unipessoal Lda (Portugal).

The subsidiary carries out research and development activities.

It is wholly owned by the TopCo.

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Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This campaign for Ponda has been approved by Seedrs Limited (trading as Republic Europe) ("Republic Europe", "us" or "we"), as of 20 May 2026 as a financial promotion. Republic Europe is authorised and regulated by the Financial Conduct Authority with firm reference number 550317. In approving this campaign, Republic Europe has concluded that the information, taken as a whole, is "fair, clear and not misleading." This means that for factual statements we have reviewed evidence of their accuracy, and that for aspirational statements we believe they are phrased appropriately in light of their speculative nature. You should note that in the case of factual statements, the evidence we review is provided by the business, and we do not audit it, which means that we may not be able to identify forged or altered evidence. You should further note that in the case of aspirational statements, the nature of the type of businesses presented on the Republic Europe platform is such that they are likely to have high ambitions, and we may approve statements that convey those ambitions even where we do not believe, or we do not have a view on whether it is likely, that they will be fully realised. The pre-money valuation and investment sought in the campaign are those set by the business: they are not reviewed or established by us, and the valuation is not an independent view of what the business is worth. Given the nature and type of businesses presented on the Republic Europe platform, it is possible that the business has very little cash remaining prior to receiving this investment, and the investment sought may be necessary for the business's on-going existence.

Republic Europe does not make investment recommendations to you. No communications from Republic Europe, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Republic Europe does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Republic Europe, you should consult a professional adviser.

Tax Relief (SEIS)

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Tax Relief (EIS)

This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Valuation (pre-money)

Valuation rounded from £7,502,669

This is the fully-diluted pre-money valuation of the business (i.e. before the new investment comes in and including issued options and other equity interests). In contrast, the post-money valuation is based on inclusion of the new investment in the value.

It is calculated as the pre-money valuation plus the amount of new investment. e.g. If Company A is ascribed a pre-money valuation of £1,200,000 by prospective investors investing £300,000, its post-money valuation is £1,500,000.

The investee business is responsible for setting its own valuation, it has not been prescribed by Republic Europe.

Pitch type

Investing in a regular equity campaign is the simplest and most common way to invest in a startup. You decide which business you want to invest in, and if the campaign hits its funding target then you will become one of their shareholders. As the company becomes more valuable, so do your shares; allowing you the opportunity to share in the future success of the business.

Learn more about pitch type on Republic Europe

Equity Offered

The equity offered is the percentage of the company’s shares being issued in return for the amount of investment raised.

When the amount raised is less than 100%, the equity offered is based on the target raise. Once the company has raised over 100% it is based on the total raised.

In some scenarios, entrepreneurs may accept additional direct investment after closing their Republic Europe campaign. Provided this is within 6 months of the closing and on the same terms, we do not typically offer pre-emption rights on that extra investment (where you have the opportunity to invest again to maintain your percentage shareholding).

Learn more about investing and pre-emption rights.

Nominee investment

This shows if you are able to choose, when making an investment, that you be represented by, and your shareholding be managed by, the Nominee investment.

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Custodian

If you invest in this Campaign, Republic Europe will act as Custodian rather than provide our standard nominee service. This is due to the fact that the business is not directly involved in the share sale and Republic Europe will not benefit from any rights under a shareholder agreement. As a result, Republic Europe will handle administrative tasks as we do normally, but you will not have information or voting rights, updates from the business, preemption on future fundraising, or ongoing support about business trading activity.

Learn more about Custodian here

Secondary market

This shows if the business has opted-in or opted-out of allowing its shares to be bought and sold on the secondary market.

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Direct investment

If available, this is an option to invest and hold shares 'directly' in the company (rather than via the Nominee investment). This option is only available to those investing over the threshold amount, which is determined by the fundraising company.

If you choose to hold your shares directly, you will be responsible for any contractual or administrative arrangements with the company you are investing in.

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Payment options

We are not able to accept card payments for investments into this sector. You can pay for your investment by creating a bank transfer or using funds in your investment account. Your investment will only be completed once the funds have reached our account.

Business Involvement

This Campaign offers shares for sale in business that is not directly involved in this Campaign or the sale. As a result, the Campaign and post-investment experience, including investor rights, will differ from a business-led campaign on Republic Europe. Most notably, the business will not engage with investors in the discussion forums both during and after the sale or provide any updates to investors.

Learn more here

Payment options

We are not able to accept Pay by Bank payments for investments into this sector. You can pay for your investment with a card payment, by creating a bank transfer or by using funds in your investment account. Your investment will only be completed once the funds have reached our account.

Drawdowns

This campaign offers the ability to pay for an investment by drawdowns.

Security Token

A security token is a digital asset that represents ownership or other rights. It is a digital form of traditional investments. In the future, you may be able to trade your investment through compatible exchanges.

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None of the information in constitutes part of the campaign and it has not been approved or reviewed by Republic Europe.

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