In San Francisco, BioFluff has raised $2.5 million in seed funding to develop and scale its protein technology for 100% plant-based fur alternatives. The round was led by agrifood tech investor Astanor Ventures and follows last year’s $500,000 funding from SOSV, PDS Limited & Joyance Partners.
“We were impressed by the passion and determination of the founding team,” said Christina Ulardic, a partner at Astanor Ventures. “Biofluff has a unique offering for the luxury industry, fashion, and textiles, which is in full alignment with the Astanor mission of a more regenerative economy.”
BioFluff says the investment will accelerate our mission to provide brands with better materials, including a newly launched luxury material, dubbed Savian. “At the close of this seed round with best-in-class impact investors, we are poised to scale our unique approach to reducing reliance on animal and synthetic-derived products in the textile industry,” CEO of BioFluff, Martin Steubler, told vegconomist.