UK startup Modern Synthesis has secured a $5.5 million investment in a funding round led by Extantia, with backing from Artesian (Alternative Investments) and Collaborative Fund. This funding will enable the company to scale up its production, expand its team and accelerate the commercialization of its innovative bio-based materials .
Nanocellulose to create sustainable materials
Modern Synthesis has developed a patented process that transforms nanocellulose , a natural fiber obtained through bacterial fermentation, into a highly resistant alternative to animal leather and plastic textiles . This material, eight times stronger than steel at the nanofiber level , is emerging as a disruptive solution for the fashion industry and sustainable design.
[post_relacionado]Extantia, one of the funds that has invested in Modern Synthesis , highlights the startup’s potential to redefine the manufacturing of materials with a lower environmental impact.
The first thing that caught our attention was how this material rivals traditional leathers in look and feel, but can also offer something completely new that designers are excited about.
said Yair Reem, Partner at Extantia.
Sustainable fashion without petrochemicals or plastics
Unlike other vegan alternatives that rely on synthetic plastics , the materials developed by Modern Synthesis are biodegradable and free of petrochemicals. Their innovative approach seeks to provide long-lasting solutions without compromising the aesthetics or functionality of the products.
With this capital injection, the company is positioning itself as one of the main drivers of textile biotechnology, offering materials that combine performance, profitability and sustainability. In a context where sustainable fashion is gaining ground, the commitment to nanocellulose promises to change the way in which textiles of the future are designed and produced.
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Source: Modern Synthesis via LinkedIn
Photo: Modern Synthesis website