materials science

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Bolt Threads is raising $106 million from Foundation Capital and Formation 8

 Our spidey senses are tingling over here. According to an SEC filing, TechCrunch has learned Bolt Threads, the biotech company spinning microbes into spider silk, is raising a whopping $106 million in Series D financing. Bolt Threads has been on a meteoric rise since it first told TC about its ambitious endeavor to make spider silk, a material stronger than teflon but softer than a cloud. Read More

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LiquiGlide raises $16 million to get every last drop out of packages or tanks

Ketchup falls freely out of a bottle featuring LiquiGlide's slippery coating. If you think it’s frustrating trying to get that last drop of ketchup out of the bottle, or toothpaste out of the tube, imagine having to waste and clean valuable and sticky substances from pipes or tanks in a factory. A startup called LiquiGlide has raised $16 million in a new round of venture funding to bring its patented slippery coatings to manufacturers around the world. Co-founded… Read More

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Mushroom leather, tiny Zika detectors and lab-made breast milk debut at IndieBio’s third demo day

IndieBio Demo Day 3, Folsom Street Foundry July 14, 2016 The accelerator’s demo day has grown so big we’re now live streaming it on TechCrunch. But it was just a couple years ago that the only pure biotech accelerator launched out of SOS Ventures. Many accelerators and venture firms have started to take a keen interest in the space since then, but Indiebio is still the one many look to in the industry for weird and interesting ideas like… Read More

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Modern Meadow raises $40 million to grow leather without livestock

Andras Forgacs (Modern Meadow) and Dan Widmaier (Bolt Threads) A Brooklyn-based startup called Modern Meadow has raised $40 million to become a top source of leather for the world’s makers of fashion and accessories, luggage, sporting goods, upholstery and furniture. Rather than raising animals to slaughter them and take the skin off their backs in a physically and chemically intensive process, Modern Meadow “biofabricates” its leather… Read More

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