Spiber, a Tsuruoka, Japan-based biomanufacturing startup, raised over JPY 10 Billion in funding.
The backers were not disclosed.
The company intends to use the funds to accelerate mass production of its innovative Brewed Protein™ materials and facilitate global sales, further contributing to the advancement of a circular economy.
Established in September 2007, Spiber is a biotechnology startup utilizing synthetic biology, polymer, and material science for the development of its novel Brewed Protein™ materials made from plant-based sugars utilizing microbial fermentation technology. The new class of material is created using its proprietary technology platform that enables customized design and molecular engineering of nature-inspired protein polymers. It offers alternative solutions to a wide range of conventional animal-based, plant-based, and synthetic materials for various purposes, including textiles applications for the apparel industry, which is its first primary focus.
To date, 15 domestic and international brands have launched products using Spiber’s materials, and the company will continue to strengthen its production system and R&D platform to meet the expected growth in demand and diversifying needs.
FinSMEs
12/04/2024