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Investments & Acquisitions

Bucha Bio Closes Oversubscribed $1.1M Round for Sustainable Plant-Based Leather

US-based biomaterials company Bucha Bio has raised $1.1 million in an oversubscribed seed funding round. Bucha will use the funding to accelerate the market launch of its biobased materials made from bacterial nanocellulose. This will include securing co-manufacturers to scale production, making new hires, and constructing state-of-the-art headquarters in Houston. The company is developing two bio-based materials: SHORAI™, which is an alternative to leather; and HIKARI™, a translucent material said to have unique processing capabilities. Bucha also continues to work on new technologies, including biofibres, biopackaging, and hard biocomposites. These materials could be used across various industries, such as fashion, automotive, home goods, electronics, and construction.  Investors in Bucha’s seed round included New Climate Ventures, Lifely VC, Beni VC, Alwyn Capital, and Chris Zarou, CEO …

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Bucha Bio relocates

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Company News

Bucha Bio Relocates From NY to Houston to Open Next-Gen Materials Headquarters

Bucha Bio relocates from New York City to Houston, is accepted into Greentown Labs Incubator US biomaterials company Bucha Bio, which makes textiles and composite materials from bacterial nanocellulose, has announced a move from New York City to the world’s energy capital, Houston. Bucha will open its new headquarters at the city’s East End Maker Hub. The company chose Houston from over 20 locations due to its access to venture capital, existing polymer and chemical manufacturers, hiring potential, and top-tier local universities. Bucha says it has already signed on senior scientists with experience in the oil and plastic industries, claiming these skills are “perfectly suited to biomaterials”. Infinitely renewable materials Bucha Bio’s materials, which include animal-free leather, are biodegradable and infinitely renewable — countering claims …

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