Biotech dyes could answer environmental concerns
19/06/2019
Its products use microbial fermentation to produce dyes using less water, energy and fewer chemicals than standard textile dyes.
Jérémie Blache, Pili CEO and co-founder, said: "This new funding gives us credibility and the means to bring to market technology which is now developed by a team of 15, mainly biologists and chemists, working towards the rise of a circular economy.
“We believe biotechnology will enable a production of highly competitive compounds in the near future. Pili’s technology is designed to produce colours more efficiently with a strong decrease in fossil-based and polluting inputs."
Investors include venture capital firm VC Elaia, private investors, business angels and SOSV. The French government has also provided funding.