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A martial arts enthusiast pulls a vehicle with a rope connected to his eye sockets during a performance in Hefei, Anhui province November 30, 2009. Picture taken November 30, 2009. REUTERS/China Daily

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    Non-stick chewing gum firm raises $20 million

    Wed May 7, 2008 11:45am EDT
    San Diego Padres player Oscar Robles blows a bubble as he watches their second exhibition game against Los Angeles Dodgers in the 2008 Major League Baseball (MLB) China Series at Wukesong Baseball Field in Beijing March 16, 2008. REUTERS/Claro Cortes IV

    LONDON (Reuters Life!) - A British company developing a non-stick chewing gum that can be easily removed from pavements and shoes has raised 10 million pounds ($20 million) to help bring its product to market.

    Oddly Enough

    The new financing comes from institutional and private investors, with IP Group -- an early backer -- chipping in an additional 800,000 pounds, the firm said on Wednesday.

    Revolymer's new Clean Gum is the result of polymer research at the University of Bristol, where the company was created as a research spin-out in 2005.

    Today's chewing gums are made from synthetic latex, which is resistant to the weather and is strongly adhesive. Clean Gum adds a special polymer to modify its properties, making it far less sticky.

    (Reporting by Ben Hirschler; Editing by Quentin Bryar)



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