UNCAGED Innovations Raises $5.6M for “World’s First” Sustainable Leather from Grains
New York-based UNCAGED Innovations today announces it has raised an oversubscribed $5.6M Seed investment for its sustainable leather made from grains. The round was co-led by Green Circle Foodtech Ventures and Fall Line Capital, with participation from Ponderosa Ventures, Golden Seeds, and existing investor InMotion Ventures, the investment arm of JLR (Jaguar Land Rover). This investment will be used to bring the product to market, increase production, and expand the team. The latest capital follows the company’s 2023 pre-seed round in which UNCAGED secured $2 million. Director and Head of Sustainability at JLR Rossella Cardone commented at the time, “This is in-line with our strategy on the sustainability and provenance of the materials we use. We must embrace new material possibilities, new processes, and new …