What does Solena Materials do?
Solena Materials develops new protein fibres designed to offer a more environmentally responsible alternative to petrochemical-derived, non-biodegradable performance materials used in the apparel industry.
How much did they raise?
The company raised $6.7M in a Seed round led by Sir David Harding, with additional participation from SynBioVen and Insempra.
What are their plans for the money?
With the new funds, Solena Materials aims to accelerate its expansion, enhance its intellectual property portfolio, and forge new partnerships, potentially driving significant innovation in sustainable textile production.
What have they achieved so far?
Spun out of Imperial College London in 2022, the company has already made notable progress in developing bio-based solutions that could revolutionize the way performance materials are produced and used in fashion.
