Dutch startup New Dawn Bio raises €2.1 million to grow wood from tree stem cells in bioreactors
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Dutch startup New Dawn Bio raises €2.1 million to grow wood from tree stem cells in bioreactors
New Dawn Bio, a Wageningen-based DeepTech startup claiming to be developing the world’s first cultured wood, has closed its €2.1 million oversubscribed pre-seed funding round to advance product development and expand the interdisciplinary R&D team. The round was led by CapitalT, with participation from Norrsken Evolve, Ontdekkers Group and a group of prominent angel investors, including Jelle Prins, co-founder of Cradle. “Wood has been a pinnac…
New Dawn Bio Nabs $2.4M to Grow Lab-Grown Wood, Minus the Deforestation
4 Mins Read Dutch deep-tech startup New Dawn Bio has raised €2.1M ($2.4M) in pre-seed funding for its cell-culture technology to grow deforestation-free wood. Cultivated proteins and fats have entered mainstream conversations, but using cell culture technology to produce alternative materials remains a nascent field. For instance, some companies are making cultivated leather, and others are making lab-grown cotton. Now, a Dutch startup has pique…
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