{"id":73037,"date":"2021-05-12T09:28:00","date_gmt":"2021-05-12T07:28:00","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=73037"},"modified":"2021-05-12T08:28:14","modified_gmt":"2021-05-12T06:28:14","slug":"29-million-euros-for-amsilk","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/73037\/29-million-euros-for-amsilk\/","title":{"rendered":"29 million euros for Amsilk"},"content":{"rendered":"
\n

The Munich companies<\/a> Amsilk produces synthetic silk from plant-based raw materials through bacterial fermentation. The material is used in applications including sportswear and medical implants. The silk biopolymers are fully recyclable and biodegradable.<\/p>\n\n\n\n

\u201cAmsilk is well positioned to become one of the world\u2019s leading biomaterials companies\u201d<\/h2>\n\n\n\n

With the help of money from its old and new investors, Amsilk aims to produce its silk polymers more quickly in industrial quantities and make them available to a wider range of customers and industries.<\/p>\n\n\n\n

\u201cWith its strong team led by CEO Ulrich Scherbel and the support of its expanded investor base, Amsilk is well positioned to further scale its proven business model and become one of the world\u2019s leading biomaterials companies,\u201d<\/p><\/blockquote>\n\n\n\n

says Michael Motschmann<\/strong>, general partner of the investor MIG.<\/p>\n\n\n\n

"We very much welcome the fact that our long-standing investment company is attracting such highly respected international investors who, like us, are convinced of the enormous potential of the technology and the business model."<\/p><\/blockquote>\n<\/div>","protected":false},"excerpt":{"rendered":"

Amsilk has closed a Series C round with \u20ac29 million. The money comes from Munich-based investor MIG, Novo Holdings, Cargill, and ER Capital. The fresh capital will be used to accelerate the commercialization of Amsilk's biotech silk materials.<\/p>","protected":false},"author":26,"featured_media":57820,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5633,1],"tags":[1874,52],"acf":[],"yoast_head":"\nK\u00fcnstliche Seide: 29 Millionen Euro f\u00fcr Amsilk - Munich Startup<\/title>\n<meta name=\"description\" content=\"Amsilk kann eine Series-C-Runde mit 29 Millionen abschlie\u00dfen. 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