Spiber, a Tsuruoka, Japan-based biomanufacturing startup, raised over JPY 10 Billion in funding.
The backers weren’t disclosed.
The corporate intends to make use of the funds to speed up mass manufacturing of its modern Brewed Protein™ supplies and facilitate world gross sales, additional contributing to the development of a round economic system.
Established in September 2007, Spiber is a biotechnology startup using artificial biology, polymer, and materials science for the event of its novel Brewed Protein™ supplies constructed from plant-based sugars using microbial fermentation expertise. The brand new class of fabric is created utilizing its proprietary expertise platform that allows custom-made design and molecular engineering of nature-inspired protein polymers. It provides different options to a variety of standard animal-based, plant-based, and artificial supplies for numerous functions, together with textiles purposes for the attire business, which is its first major focus.
Up to now, 15 home and worldwide manufacturers have launched merchandise utilizing Spiber’s supplies, and the corporate will proceed to strengthen its manufacturing system and R&D platform to satisfy the anticipated development in demand and diversifying wants.
FinSMEs
12/04/2024
