£16.0M
The Series A financing was led by Forbion and HV Capital to fund a new pilot production line.
P
PACT
PACT develops a sustainable collagen-based leather alternative for the luxury and manufacturing sectors.
Cambridge, UK—Founded 2020
£25.0MTotal raised
PACT is a Cambridge-based biomaterials startup that produces Oval, a patented collagen-based leather alternative designed to replace plastic-derived materials in the fashion, footwear, interiors, and automotive industries.
Categories
Founders
YD
Yudí Ding
CEO
NR
Niels Ramay
COO
Investors
- £16.0MFForbionLeadHCHV CapitalLead
- £9.0M
Funding history
£9.0M
PACT raises £9m seed funding from Hoxton Ventures and ReGen Ventures to scale biomaterial production
The Cambridge startup will use the capital to expand its facilities and team as it brings its collagen-based biomaterial to market.