PACT, a Cambridge, UK-based biomaterials company, raised €10.7m in seed funding.
The round was led by Hoxton Ventures, with participation from ReGen Ventures, Celsius Industries (formerly UNTITLED) and Polytechnique Ventures.
The company intends to use advance the development of its biomaterials inspired by nature, and bring them to fashion, luxury, and other industries.
Founded in 2020 by Yudí Ding (CEO) and Niels Ramay (COO), PACT is committed to developing earth-positive biomaterials. Its first product is Oval, a climate-responsible biomaterial crafted from natural collagen.
FinSMEs
27/09/2024