Werewool, a New York-based provider of sustainable performance fibers, raised $3.7M in Seed funding.
The round was led by Material Impact and Sofinnova Partners.
The company intends to use the funds to develop its first product, protein fibers that can be spun into yarns, expand manufacturing capabilities, and grow the team.
Led by CEO Chui-Lian Lee, Werewool is a biotech company using the principles of biomimicry to engineer protein-based textile fibers for the fashion industry. Its fibers offer a sustainable alternative to conventional synthetic fibers with properties including structural color, strength, stretch, and moisture management.
The technology is co-patented between the Fashion Institute of Technology and Columbia University.
FinSMEs
11/05/2023