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Start-ups
Evonik invests in animal-free leather firm
by Michael McCoy
September 21, 2019
| A version of this story appeared in
Volume 97, Issue 37
Evonik Industries’ venture capital arm has invested an undisclosed sum in Modern Meadow, which is developing leather-like materials that are animal-free. Modern Meadow’s process starts with collagen, a protein in animal hides, made via yeast fermentation. Last year the two firms agreed to scale up the fermentation process at an Evonik site in Slovakia. Evonik says it also sees health-care applications for the collagen.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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