UNCAGED Innovations (Seed)
Funding Details
Awarder
RSS - alleywatch.com
Date Award
July 1, 2024
Vertical
Biomaterials
Funding Amount
$5,600,000
Company Info
Traction
Uncaged Innovations has developed a finished product that emits 95% fewer greenhouse gases, uses 93% less water, and consumes 72% less energy compared to traditional leather. They are preparing for a commercial launch in the next couple of months with their first fashion brand partners.
Organizations Involved
Green Circle Capital, Fall Line Capital, Ponderosa Ventures, Golden Seeds, InMotion Ventures
Founders
Stephanie Downs, Dr. Xiaokun Wang
Market
Fashion, Automobiles, Home applications
Location
US
Coinvestors
Green Circle Capital, Fall Line Capital, Ponderosa Ventures, Golden Seeds, InMotion Ventures
Company Description

Uncaged Innovations is a biomaterials company that has developed its own proprietary sustainable leather alternative using proteins from grain to mimic animal collagen found in leather. The company's materials are eco-friendly, do not harm animals, and are responsibly sourced. Their production process is efficient, reducing greenhouse gas emissions, water usage, and energy consumption significantly compared to traditional leather production.

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