In California, Geltor, the bio-design company behind Designer Collagen, announced $18.2 million in Series A financing. Geltor developed a proprietary bio-design platform where high-value proteins can be produced on a global scale without using animal waste products in the process.
By combining biology, protein optimization, and fermentation, the company is able to produce naturally occurring and previously untapped types of collagen – precisely targeting the ideal protein type, rather than sourcing it from the low-grade availability of animal waste. This process also gives Geltor’s products an advantage over other commercially available animal proteins, since they’re bio-designed for strength, firmness, and flexibility for optimum performance in consumer products.
Led by Cultivian Sandbox Ventures, the round included investments from GELITA, the leading global supplier of collagen proteins, and ADM Ventures, the venture investing arm of global food and feed ingredient provider, Archer Daniels Midland Company – alongside investment from Cavallo Ventures and Box Group.