Profile of Bolt Threads: a leader in novel biomaterials
Company was established by three specialists who gained expertise in silk production while conducting research at university.
28th May 2021
Report summary
Bolt Threads is a USA-based biomaterials company which produces artificial silk fibre on a large scale. It was established in 2009 by three specialists who gained expertise in silk production while conducting research at university.
The company has focused on the development of three innovative materials: an artificial silk fibre called Microsilk, an artificial leather material called Mylo, and a pure protein powder called b-silk protein.
When developing its products, the company drew inspiration from nature and paid great attention to environmental sustainability. This caught the attention of key players who are working to minimise the environmental impact of their operations.
Symrise along with Johnson & Johnson Innovation–JJDC, Inc. (JJDC) and Ignite Venture Studio has invested in Infinite Looks Inc., a United States-based startup that is looking to drive the growth of its athleisure hair care brand, Sunday II Sunday a brand for textured hair care. The series A funding totals $4.2 million.
Symrise is taking this step to expand its expertise in the textured hair care segment and to develop formulations that are adapted to the needs of active women with textured hair.
The current direct-to-customer business model of Infinite Looks presents an opportunity to translate consumer desires into new products.
Published May 28, 2021, 9:06 AM
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