Astanor Ventures

BioFluff plant-based fur

Supplied by BioFluff
Textiles

BioFluff Secures $2.5M in Seed Funding for Plant-Based Fur Alternatives

BioFluff, a biomaterials startup describing itself as the first fully plant-based fur alternative, has successfully closed its seed funding round, securing $2.5 million from leading venture capital firms, spearheaded by agrifood tech investor Astanor Ventures. Astanor Ventures has invested in over 45 agrifood companies globally, including plant-based businesses MicroHarvest, Wicked Kitchen, and Umiami. This funding marks a significant milestone for BioFluff, following a pre-seed round of $0.5 million in 2022, led by SOSV, PDS Limited & Joyance Partners. “We were impressed by the passion and determination of the founding team. Biofluff has a unique offering for the luxury industry, fashion, and textiles, which is in full alignment with the Astanor mission of a more regenerative economy,” stated Christina Ulardic, a partner at Astanor Ventures. BioFluff, …

more

Topics:

MIcroHarvest creates "world's fastest protein production system"

© MicroHarvest
Investments & Acquisitions

MicroHarvest Raises €8.5M for “World’s Fastest Protein Production”

German startup MicroHarvest has raised €8.5 million in a Series A funding round led by Astanor Ventures. MicroHarvest has developed a precision fermentation technique that is claimed to be the world’s fastest protein production system. Bacteria are cultivated in a solution, then separated from the water and inactivated before being transformed into the final product. Elegantly simple tech The “elegantly simple” technology can turn raw materials into complete protein products in the space of a single day, compared to the months required for plant or animal-based proteins. Highly nutritious single-cell proteins can be very efficiently produced for use in human food, pet food, and animal feed. The production process can also be scaled in a decentralised way, aiding in the transition towards more sustainable and …

more