Year in Review: Next-Gen Materials Attract Investment
Despite scale and adoption challenges, funding still flowed into material innovation in 2023.
Source: yahoo.com
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Bon Vivant eyes cow-free dairy protein scale-up after raising $15.9m
The French biotech company reportedly closed an ‘oversubscribed’ round of equity financing that would enable the firm to ramp up the production of dairy-identical proteins.
Source: dairyreporter.com
Bon Vivant toasts taking $15.9M to brew up versatile animal-free dairy proteins
Lyon, France-based precision fermentation startup Bon Vivant, which is using biotech techniques to reprogram yeast microorganisms to produce animal-free milk proteins with a substantially lower environmental footprint than traditional dairy, credits clarity of strategy and execution for keeping its investors enthused at a time when raising remains a challenge for many tech founders. All the investors in its April 2022 pre-seed (€4M) followed on for the oversubscribed €15M (~$15.9M) seed it's announcing today, according to CEO and co-founder, Stéphane MacMillan. The ro...
Source: yahoo.com
Sustainable Fiber Company Werewool Raises $3.7 Million Seed Round
Sustainable Fiber Company Werewool Raises $3.7 million in seed round funding from Material Impact and Sofinnova.
Source: wwd.com
Sustainable performance fibers company Werewool raises $3.7 million led by Material Impact and Sofinnova Partners
Werewool won the prestigious ELLE & Polestar Design Towards Zero Award
Source: einnews.com