Bucha Bio: Raises $1.1M in Seed Funding

September 25, 2022

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Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Bucha Bio Raises $1.1M in Seed Funding

Bucha Bio, a Houston, TX-based biomaterials science company, raised $1.1M in Seed funding
Backers included New Climate Ventures, Lifely VC, Beni VC, Prithvi VC, Asymmetry VC, Alwyn Capital, and Chris Zarou
The company intends to use the funds to accelerate its move to market by securing co-manufacturers to scale material production and support the construction of its new Houston headquarters
BuchaBio now has two biobased materials in development – SHORAI and HIKARI
SHORAI can be used as an alternative to animal leather, plastic leather, or other types of synthetic materials
The company plans to continue to enable new form factors for their technology, including biofibers, biopackaging, and hard biocomposites