Biotech Materials
EXIT
RIP
Year Invested:
2021
Sector:
Biotechnology Textile Industry Fashion
Key people:
Tamara Vučetić

Biotech Materials offers premium leather alternative solutions for the fashion market, interior design and automobile industry by using innovative production and ethical sourcing of plant-based material.

The company utilizes discarded fruit from local alcohol distilleries to provide an environmentally friendly alternative to synthetic and animal leather, as well as incorporates circular economy business models in the local community.Biotech Materials is committed to developing a 100% vegan leather alternative that is both biodegradable and durable by utilizing innovative production processes and experts in chemistry and textile engineering. The company is operating on a B2B business model and will expand into B2C and a sustainable materials online marketplace in the future. Biotech Material’s vision is to inspire implementation of circular economies for a more sustainable future. The company’s mission is to disrupt the leather market with the use of innovative plant-based leather.

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