Jaguar Land Rover's VC arm backed a $2 million round in plant-based leather startup Uncaged Innovations after seeing this 11-slide pitch deck
Biotech startup Uncaged is mimicking the characteristics of traditional leather but using plants.
US biotech company Uncaged Innovations, founded in 2020, mimics the characteristics of skin proteins with plants. The quality and performance of traditional leather come from the structure of animal proteins, so Uncaged Innovations has developed a way to combine proteins from grain byproducts with other natural elements to copy this structure.
Uncaged Innovations combines plant proteins with flower extracts for scent, algae, natural rubbers, and mineral pigments or different agricultural waste streams such as coffee cherry, which is used for color. This allows the company to tweak its material's texture, strength, flexibility, water resistance, color, and fragrance to serve a specific use case.
The company's pitch deck noted that it takes years to raise an animal before it's slaughtered for human use and agriculture itself has a, including its demand on land and water. Leather has a long and complicated supply chain, it stated, while the hide tanning process requires highly toxic chemicals, Downs added.
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