Author: Michele Dragoescu
Could Synthetic DNA Be the Next Tech Breakthrough?
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In the future, everything you wear could be made of synthetic spider silk
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Bolt Threads Will Bring Its Spider Silk Fabric to Patagonia
Bolt Threads Faises $50M, Inks Deal with Patagonia
Bolt Threads Raises $50 Million, Forms New Partnership to Further its Mission to Deliver Sustainable, High Performance Fabrics
Bolt Threads, an American-based biotechnology company creating the next generation of high performance fabrics, today announced it has raised $50 million in Series C financing. Existing investor Formation 8 led the round, along with new investors including Nan Fung, a business conglomerate based in Hong Kong, and Innovation Endeavors. Other existing investors, including Alafi Capital, East West Capital, Foundation Capital and Founders Fund also participated.