Exotic snake skin

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Investments & Finance

ProjectEx Opens $1M Pre-Seed Round to Revolutionize Luxury Market With Cultivated Exotic Leather

ProjectEx, a Singapore-based cultivated leather startup, has announced a $1 million pre-seed fundraising round to revolutionize the luxury market with sustainable and cruelty-free exotic cultivated leather.  ProjectEx was launched by two industry experts, biomedical engineer Dr. Viknish Krishnan-Kutty, CEO of Cellivate Technologies, and Adrian Fürstenburg, an award-winning South African Designer.  Founded in 2019 as a spin-off from the National University of Singapore, Cellivate Technologies is a deep-tech startup with a proprietary platform technology developing FBS-free media for cultivated meat companies. ProjectEx will combine its biotechnology and synthetic biology expertise to grow its alternative skin.  An urgent need “As a designer who works with leather, I know firsthand the impact that the industry has on the environment and animal welfare,” said Adrian Fürstenburg. “Sustainability is not …