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Year in Review: Next-Gen Materials Attract Investment

Despite scale and adoption challenges, funding still flowed into material innovation in 2023.

New yorkUnited statesPuerto ricoJon schulhofDan widmaierGeoff chapinMichael krelRon zoriQuyen tranKatapult oceanBilly mccallJared smithVeronica wuCraig kallmanTechnology upscalingFootprint coalition ventures

Bon Vivant eyes cow-free dairy protein scale-up after raising $15 9m

The French biotech company reportedly closed an ‘oversubscribed’ round of equity financing that would enable the firm to ramp up the production of dairy-identical proteins.

Captech santLorie hamelinBon vivantMichael krelLyon based bon vivantSofinnova partnersR amp dEmerging marketsRecision fermentationDairy alternativesNimal free dairy

Bon Vivant eyes cow-free dairy protein scale-up after raising $15 9m

Bon Vivant eyes cow-free dairy protein scale-up after raising $15 9m
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Michael krelCaptech santLorie hamelinBon vivantLyon based bon vivantSofinnova partners

Bon Vivant toasts taking $15 9M to brew up versatile animal-free dairy proteins

Lyon, France-based precision fermentation startup Bon Vivant, which is using biotech techniques to reprogram yeast microorganisms to produce animal-free milk proteins with a substantially lower environmental footprint than traditional dairy, credits clarity of strategy and execution for keeping its investors enthused at a time when raising remains a challenge for many tech founders. All the investors in its April 2022 pre-seed (€4M) followed on for the oversubscribed €15M (~$15.9M) seed it's announcing today, according to CEO and co-founder, Stéphane MacMillan. The round is co-led by Sofinnova Partners and Sparkfood, with Captech Santé also participating.

Michael krelBon vivantEuropean unionLifecycle assessment reportSofinnova partnersTraditional dairySofinnova partnersDairy productsSilk proteinsDairy industryTéphane macmillanEnvironmental footprintRecision fermentationMilk protein

Sustainable Fiber Company Werewool Raises $3 7 Million Seed Round

Sustainable Fiber Company Werewool Raises $3.7 million in seed round funding from Material Impact and Sofinnova.

France generalUnited statesCorinna chenMichael krelColumbia universityFashion institute of technologySofinnova partnersMaterial impactFashion institute

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