Spiber Raises JPY 10 Billion to Expand Mass Production and Global Sales of Brewed Protein™ Materials
Spiber Raises Over JPY 10 Billion in Funding
Spiber's Funding for Biomanufacturing Innovation
Key Highlights:
- Funding Amount: Spiber, a biomanufacturing startup, raised over JPY 10 Billion in funding.
- Accelerating Mass Production: Funds will be used to accelerate the mass production of Spiber's innovative Brewed Protein™ materials.
- Global Sales Expansion: The funding will also support global sales efforts, contributing to the advancement of a circular economy.
Spiber's Target Market
- Textile and Apparel Industry: Spiber's Brewed Protein™ materials offer alternative solutions to conventional animal-based, plant-based, and synthetic materials, primarily for textile applications in the apparel industry.
- Sustainable and Eco-Friendly Brands: Brands and companies focused on sustainability and circular economy principles, seeking innovative and environmentally friendly materials.
- Research and Development Institutions: Collaborations with research institutions and universities interested in advancing biomanufacturing and sustainable materials.
What Spiber Needs to Buy
- Manufacturing Equipment and Facilities: Investments in manufacturing equipment and facilities to support the mass production of Brewed Protein™ materials.
- Research and Development Partnerships: Collaborations with research institutions and universities to further enhance their technology platform and develop new applications for Brewed Protein™ materials.
- Marketing and Sales Support: Services to support global sales efforts, including marketing, distribution, and customer acquisition.