PACT Gains £9M for Biomaterials Innovation

PACT, an innovative biomaterials company, has successfully raised £9 million in Seed funding to enhance the development and reach of its nature-inspired materials. With their first product, Oval, already making waves in the fashion industry, PACT is set to transform sustainable material usage across various sectors.

• Funding Details: PACT raised £9M in a Seed round, supported by investors including Hoxton Ventures and ReGen Ventures.

• Innovative Product: Oval, made from natural collagen, offers luxury quality and versatility for fashion while significantly reducing environmental impact.

• Expansion Plans: The funding will facilitate scaling up production and developing new biomaterials for industries such as footwear and automotive.

PACT is paving the way for a new era of sustainable materials, blending science with elegance. Their innovative approach not only shapes the future of fashion but also contributes to a more sustainable planet.