Biomaterials Startup GOZEN Raises $3.3 Million In Seed Funding
Landmark investment positions GOZEN to lengthen its have an effect on in next-gen affords SAN FRANCISCO , Oct. 25, 2023 /Vwire/ — GOZEN, the revolutionary biomaterials startup that’s space to disrupt the vogue, automotive and residential furnishings industries, has upright offered $3.3 million in a seed funding spherical. The funding comes from forward-pondering investors including
Landmark investment positions GOZEN to lengthen its have an effect on in next-gen affords
SAN FRANCISCO, Oct. 25, 2023 /Vwire/ — GOZEN, the revolutionary biomaterials startup that’s space to disrupt the vogue, automotive and residential furnishings industries, has upright offered $3.3 million in a seed funding spherical.
The funding comes from forward-pondering investors including Happiness Capital (lead investor), Accelr8, Astor Management, and SOSV who identified GOZEN’s uncommon doable to transform the sector of affords thru biology. This investment will enable GOZEN to flee study, pattern, and scaling efforts for its leap forward biomaterial, LUNAFORM™, and gasoline the creation of unusual affords.
GOZEN is on a mission to interchange primitive affords within the vogue and automotive industries by producing a fluctuate of excessive-performing vegan and plastic-free affords. In accordance with the rising ESG imperative, there’s rising quiz for sustainable picks.
LUNAFORM™, the company’s flagship biomaterial, is produced by microorganisms all over a fermentation activity and is distinctively free from each and each plastic and animal substances. This modern enviornment cloth was once unveiled earlier this month all over Paris Vogue Week at the Balenciaga Summer 24 demonstrate Paris Vogue Week. The partnership with Balenciaga culminated within the Balenciaga LUNAFORM™ Maxi Bathrobe Coat and marked the inaugural disclose of LUNAFORM™ within the vogue industry.
No longer like composite plant-essentially based leathers which would be assembled in layers, LUNAFORM™ is a novel, fully fashioned enviornment cloth, giving it a outstanding tensile strength and natural flexibility. Readily accessible in 13-square-foot sheets with customizable thickness and texture, LUNAFORM™ fashions a peculiar fashioned in compose adaptability. Its manufacturing map is entirely vegan, non-GMO and avoids the disclose of harsh artificial chemicals.
LUNAFORM™’s formation requires a nutrient-rich atmosphere where microorganisms craft intricate, extremely-crystalline patterns. Following the introduction of natural brokers, a three dimensional-enviornment cloth begins to secure. No longer like composite plant-essentially based leathers which would be assembled in layers, LUNAFORM™ emerges as a novel, fully fashioned enviornment cloth, giving it a outstanding tensile strength and natural flexibility.
GOZEN’s enviornment cloth manufacturing activity takes upright 10 days and bypasses the need for tanning. With the hot investment, the startup is progressing with its plans to originate a peculiar facility in Turkeyaiming for an annual manufacturing ability of over 1 million square toes.
“At GOZEN, we fabricate superior biomaterials with the doable to unlock spherical compose. With this investment, we’ve confirmed that we have faith got a direction to delivering on that doable at scale,” says Ece Gozenfounder and CEO of GOZEN.
Po Bronson, Managing Director of SOSV’s IndieBio, was once GOZEN’s first investor. “There would possibly be tons of competitors now in animal free leather-essentially based. But I believed that GOZEN’s potential would possibly well surpass all others in each and each efficiency and economics, and we’ve already demonstrated this by launching our first industrial product – at Vogue Week, no much less. We’ve done in months what it’s taken others years to attain.”
GOZEN promises to herald a realm of unique opportunities for patrons and agencies searching for to align their picks with environmental accountability while composed indulging in top-tier compose aesthetics and quality. With the rising comprise of LUNAFORM™, there’s a palpable anticipation that this vogue also can help as a catalyst, encouraging other brands to undertake eco-conscious affords and practices. This ripple attain holds the doable to nurture a more sustainable and eco-friendly trajectory for the vogue industry at mighty as neatly as other industries.
About GOZEN:
GOZEN is a biocreation startup essentially based by Ece Gozen. GOZEN’s mission is to reshape how we have faith interplay with the sector spherical us, advocating for natural connection and a steadiness between creative expression and the sanctity of our planet. GOZEN’s activity combines the harnessing of naturally going on processes with lowering-edge expertise. This transforms organic aspects into applied innovation – love their debut enviornment cloth, LUNAFORM™. GOZEN is backed by Happiness Capital, Accelr8, Astor Management and SOSV.
Media Contact:
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SOURCE GOZEN
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