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Spiber Lands $222 Million in Latest Biomaterials Bonanza

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Spiber landed hundreds of millions of dollars to facilitate its research and development of animal-free synthetic materials for fashion and other industries. On Wednesday, the Japanese biomanufacturing startup said it received 24.4 billion yen ($222.4 million) through an equity investment round led by global investors like Carlyle and existing shareholders like Cool Japan Fund Inc….

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