Arda Biomaterials has secured US$5.25 million in funding to advance its innovative waste-to-materials technology, significantly promoting sustainability in industries such as fashion and automotive.

Information on the Target

Arda Biomaterials, a leading company in clean technology and sustainable materials, has recently secured an oversubscribed investment round amounting to US$5.25 million (GBP 4.05 million). This funding is aimed at advancing the company's innovative biomaterial technology that converts waste from breweries and whisky distilleries into sustainable materials. The company specializes in creating alternatives to animal-derived products and petrochemicals, particularly in the fashion, footwear, automotive, and furniture sectors, promoting a circular economy.

Headquartered in London, with its new facility currently under construction, Arda Biomaterials is recognized for its flagship product, New Grain™, a leather-like material synthesized from waste barley proteins. Through its proprietary chemistry platform, Arda is eliminating the need for plastics while successfully replicating the structural qualities of traditional materials.

Industry Overview in the Target's Specific Country

The sustainable materials industry in the UK is witnessing substantial growth as environmental concerns prompt brands across various sectors to seek eco-friendly alternatives. The increasing consumer demand fo