Werewool (FIT, 2018) raised $3.7 million seed round to fund textile innovation

Sustainable fiber company Werewool (BDC '18) has raised $3.7 million in seed funding to advance its work developing biodegradable performance textiles with protein-based colors.

Paris-based venture capital firm Sofinnova Partners co-led the round. The 2.5 billion euro fund is specialized in life sciences and sustainability. Venture firm Material Impact, a Boston-based $200 million fund that focuses on materials innovation, were also co-leaders of the round. Congratulations to Werewool for their successful funding round!