Modern Synthesis raises $5.5m to expand biomaterials platform

Modern Synthesis, a London-based startup focused on biomaterials for fashion, has secured $5.5 million in a Seed 2 funding round led by Extantia Capital. The funds will enhance production capabilities and support the launch of products like GANNI’s Bou Bag, addressing the growing demand for sustainable materials in the fashion industry.

Original excerpt: Modern Synthesis—a London-based startup developing biomaterials for high-end fashion brands—has closed a $5.5 million round led by Extantia Capital…

Source: AgFunderNews