Rubi Labs: Raises $8.7M in Seed Funding

Rubi Labs Raises $8.7M in Seed Funding

• Rubi Labs, a San Leandro, CA based startup unlocking CO2 as a natural resource, raised $8.7m in seed funding
• The round was co-led by Talis Capital, Tin Shed Ventures, and H&M Group, with participation from Collaborative Fund and Necessary Ventures
• The company, which has raised a total of $13.5m, intends to use the funds to expand operations and its development efforts
• RubiLabs turns carbon emissions into natural carbon-negative textiles
• The startup leverages CO2 as a natural resource for making critical materials, with its cell-free enzyme flow biocatalysis platform
• It is producing carbon-negative textiles for the fashion industry as their first application