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Qorium

Bio-based Materials
Segments:
Bio-based leather
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Product stage:
Seed
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Qorium, a company based in the Netherlands, plans to develop and market cell-cultured collagen-based leather. The company claims that the manufacturing process of the material consumes 99% less water and 66% less energy compared to conventional cow leather manufacturing. It also omits the first two phases of the leather tanning process which reportedly causes significant pollution. Qorium has released a prototype of the bio-leather material which can be used by brands that operate in luxury leather goods, automotive, and premium footwear industries.

Funding and financials

In January 2024 , Qorium secured an undisclosed investment from Brightlands Venture Partners and Sofinnova Partners for advanced cell-cultured leather production. Previously, in July 2021, the company raised EUR 2.6 million (USD 3.1 million) in a funding round led by Brightland Venture partners and an undisclosed biotech investor to expand R&D to scale up its cell-culture technology, and to produce large sheets of cultivated leather from bovine skin cells.

Bio-based Materials

Bio-based Materials

Key stats
Featured companies
150
Total funding (USD)
6.5 Bn
Total addressable market (USD)
33.4 Bn
Key competitors
 
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Product Overview
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Company profile
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Recent Updates

Management news
Funding
Jan 9, 2024
Qorium secures funding for cell-cultured leather; appoints Michael Newton as CEO
Bio-based Materials

Company Brief


HQ location:
Oxfordlaan 55 Maastricht NLD
Founded year:
2014
Total Funding:
USD 3.1 million

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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