Bucha Bio, a Houston, TX-based biomaterials science firm, raised $1.1M in Seed funding.
Backers included New Local weather Ventures, Lifely VC, Beni VC, Prithvi VC, Asymmetry VC, Alwyn Capital, and Chris Zarou.
The corporate intends to make use of the funds to speed up its transfer to market by securing co-manufacturers to scale materials manufacturing and help the development of its new Houston headquarters.
Led by Zimri T. Hinshaw, Chief Govt Officer & Co-Founder, and Callum G. Hunter, Chief Monetary Officer & Co-Founder, Bucha Bio now has two biobased supplies in growth – SHORAI and HIKARI. SHORAI can be utilized as a substitute for animal leather-based, plastic leather-based, or different kinds of artificial supplies. HIKARI, which options translucent aesthetic and processing capabilities, can be formally launched in November of this yr.
The corporate plans to proceed to allow new kind components for his or her expertise, together with biofibers, biopackaging, and arduous biocomposites. Relevant industries embrace trend, automotive, house items, electronics, and development.