MADRID – Bacterial cellulose innovator Polybion has secured investment to the tune of US$4.4 million, which will be used to scale its infrastructure and conduct further research and development.
The company’s Celium fibre, which is deemed a ‘sustainable’ alternative to animal-based leather and petroleum-derived synthetics, is made during a fermentation process with fruit waste used as the feedstock.
Alexis Gómez-Ortigoza, Polybion co-founder and chief financial officer, commented: “With our expanded manufacturing capabilities, we are enhancing our ability to work with some of the world's most iconic global consumer brands while reducing carbon emissions and displacing the animal-derived leather value chain.”
