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Uncaged Innovations has raised $5.6 million in seed funding. Founded in 2020, the startup develops plastic-free leather using grains and plant proteins. Check out the 12-slide pitch deck used to secure the fresh funds. Founded in 2020, the startup develops animal and plastic-free leather, and is the world's first company to develop the material from grains. This story is available exclusively to Business Insider subscribers.
Persons: Stephanie Downs Organizations: Service, Business Locations: York
Biotech startup Uncaged is mimicking the characteristics of traditional leather but using plants. Uncaged just nabbed $2 million from Jaguar Land Rover's investment arm using this pitch deck. A startup creating animal- and plastic-free leather just netted $2 million in a pre-seed round that was backed by Jaguar Land Rover's investment arm InMotion Ventures. US biotech company Uncaged Innovations, founded in 2020, mimics the characteristics of skin proteins with plants. Uncaged Innovations is taking a "two-pronged approach" by serving the fashion and automobile industries.
Persons: Stephanie Downs, Xiaokun Wang, Johns Hopkins, Tesla, Downs, VegInvest, Alwyn Capital Organizations: Biotech, Land, Jaguar Land, InMotion Ventures, Uncaged Innovations, Downs, Brands Locations: York
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