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DGAP-News: AMSilk GmbH: AMSilk raises EUR 29M to accelerate commercialization of its high-performance bio-based silk polymers

DGAP-News: AMSilk GmbH: AMSilk raises EUR 29M to accelerate commercialization of its high-performance bio-based silk polymers
AMSilk raises EUR 29M to accelerate commercialization of its high-performance bio-based silk polymers
11.05.2021 / 10:22
- PRESS RELEASE -
silk polymers
- AMSilk to accelerate industrial scale-up and expand commercial operations into new markets
Munich, May 11, 2021 - AMSilk GmbH ( AMSilk ), the world s first industrial supplier of synthetic silk biopolymers, today announces the successful closing of a EUR 29 million Series C fundraise. The financing was led by Novo Growth, the growth equity arm of Novo Holdings, with participation from new investors Cargill and E.R. Capital Holdings as well as existing investors MIG Verwaltungs AG and ATHOS KG. ....

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Deep Branch Announces EUR 8M Series A Round led by Novo Holdings and DSM Venturing, Paving the Way for Commercial-Scale Production Facility

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NOTTINGHAM, England, March 16, 2021 /PRNewswire/ Deep Branch, a carbon dioxide recycling company, today announced it has completed an €8M Series A investment round. The investment complements a combined €4M in non-dilutive funding secured from UK and EU grant-funded projects scheduled from Q4 2020 to Q1 2023. Novo Holdings and DSM Venturing led the round, with participation from Total Carbon Neutrality Ventures and Barclays Sustainable Impact Capital. Johan Hueffer, Senior Partner at Novo Holdings, and Rob Beudeker, Investment Director at DSM Venturing, will join Deep Branch s Board of Directors. Lars Topholm, Head of Research at Carnegie Investment Bank in Denmark and non-executive Board member of Deep Branch since 2019, has been elected Chair of the Board. ....

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