Funding

[Funding alert] Leiden-based Biotech Startup Pelagen Secures Investment from UNIIQ’s

Nov 2, 2023 | By Startup Rise EU

Leiden-based biotech startup Pelagen secures investment from UNIIQ’s for a more sustainable way to produce natural materials such as leather.
From left to right Jasper Geselschap (UNIIQ), Nathal van Rijn (InnovationQuarter), Sasha Madhavji (Pelagen), Fleur Spijker (Municipality of Leiden), Wesley Johnson (Pelagen), Wout Rensink (Municipality of Leiden), Niels Schoonen (UNIIQ)

Leiden-based biotech startup Pelagen secures investment from UNIIQ’s for a more sustainable way to produce natural materials such as leather.

To get from livestock to high-quality materials such as fur, leather and wool, there is a significant impact on the environment due to deforestation, greenhouse gas emissions and animal mistreatment.

Pelagen has developed a way to produce these materials with the same quality, but without animals. In this way, the most polluting steps in the production of natural materials are skipped.

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With UNIIQ's investment, Pelagen can further develop its technology. The investment was announced by councilor Fleur Spijker at the Leiden Bio Science Park.

The production of materials such as leather, wool and fur is very polluting. Large amounts of water, energy and chemicals are used during the production process. For example, the production of 1 kilo of leather requires no less than 15,000 liters of water.

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Sasha Madhavji CEO of Pelagen said,“We are extremely grateful for the investment from UNIIQ, and their recognition that deep innovation can only be achieved effectively when a multitude of stakeholders provide their support and expertise,”.

Jasper Geselschap, UNIIQ Fund Manager said, “UNIIQ believes it is important to invest in technologies that make an important contribution to a more sustainable society. We recognize this in Pelagen. With its technology, good quality materials can be made without the negative impact on the environment and animal welfare,”.

Pelagens technology offers the best of both worlds. The basis of Pelagens technology is based on the same components that are present in animal materials – the proteins in skin, hair and coat.

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By using these natural building blocks, Pelagen's ambition is to replicate in a laboratory the high-quality materials we use every day without animal abuse, without the enormous impact on the environment and without compromising quality.

About Pelagen

Pelagen is a specialist in creating molecules of animal stuff without using animals. Without endangering the environment or animals, it produces natural materials for environmentally concerned consumers.

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