AlgiKnit to Receive $100,000 in Funding through 2018 RebelBio Accelerator Program

AlgiKnit Inc. is pleased to announce their participation in the 2018 RebelBio Accelerator program in London UK. Their participation is part of a $100,000 investment deal through RebelBio and their parent company SOSV.

AlgiKnit Inc. is an early stage biomaterials startup, focused on transforming the apparel ecosystem with rapidly renewable bio-based textiles. This partnership with RebelBio will allow AlgiKnit to further advance its material research and development.

SOSV is a Venture Capital firm that operates eight start-up business accelerators around the world. Founded in 1994 by Sean O’Sullivan, SOSV invests in over 150 companies each year, and is in the top 5% of private equity managers worldwide.

Photo credit: Algiknit

Photo credit: Algiknit

Daniel Grushkin