ZymoChem, an American biomanufacturer, has successfully raised $21 million in a Series A funding round, led by Breakout Ventures, with participation from Lululemon Athletica Inc., Toyota Ventures and other popular investors. With this funding, combined with partnership and support from the US Department of Energy, ZymoChem aims to launch its first eco-friendly material and scale up its initial collaborative product for commercial viability. The primary goal is to address the climate crisis by introducing bio-based textiles and hygiene products.
ZymoChem is making strides in the textile industry, moving away from traditional polyesters to bio-based materials for performance apparel. The platform uses renewable feedstocks and a proprietary fermentation process to convert them into high-performance, bio-based, and biodegradable polymers with nearly zero CO2 emissions, following a carbon-efficient approach.
Lindy Fishburne, Managing Partner at Breakout Ventures, highlighted their investment in ZymoChem, praising the company’s technology for scaling bio-based chemicals and materials while remaining cost-competitive with petroleum-derived alternatives.
ZymoChem’s co-founder and CEO, Harshal Chokhawala, emphasized that their technology achieves sustainability without compromising performance, scalability, and economics. He added, “This has fostered numerous partnerships with global industry leaders, and we are excited to broaden our impact with key stakeholders.”
SHEIN is revolutionizing denim production by expanding its use of Cool Transfer Denim Printing, a technology that reduces water and…
Citizens of Humanity Group has partnered with Pili, a biochemicals firm specializing in sustainable dyes and pigments, to help decarbonize…
Ambercycle, Shenghong Holding Group have announced a strategic collaboration to enhance the production of regenerated filament yarns made with cycora…
Teijin Frontier has introduced a next-generation fabric with dual-layer knitted technology that offers contact cooling and prevents sweat-induced stickiness.
GTT has partnered with Golden Long John, a supplier for global footwear brands, to advance cleaner and more efficient fabric…
Ventile has collaborated with EBDA to promote biodynamic farming in Egypt, marking the second year of focusing on supporting sustainable…