On May 10th, sustainable high-performance fiber manufacturer Werewool, based in New York, announced a $3.7 million seed funding round led by Material Impact and Sofinnova Partners. The funding will be used to further develop the company’s first product, protein fibers that can be spun into yarn, as well as enhance manufacturing capabilities and expand the team.
Founded in 2018, Werewool utilizes protein DNA technology to develop sustainable fiber fabrics with natural colors and elasticity. By altering the protein structure, these fibers can possess different natural colors with …