BioFluff, a biomaterials startup specializing in plant-based fur alternatives, has successfully completed its seed funding round, raising $2.5 million from prominent venture capital firms.
Leading the investment is agrifood tech investor Astanor Ventures, known for supporting over 45 agrifood companies globally, including plant-based businesses like MicroHarvest, Wicked Kitchen, and Umiami. This financial backing represents a significant milestone for BioFluff, following a pre-seed round of $0.5 million in 2022 led by SOSV, PDS Limited & Joyance Partners.
Astanor Ventures expressed its admiration for the passion and determination of BioFluff’s founding team. The unique offering from BioFluff in the luxury industry, fashion, and textiles aligns perfectly with Astanor’s mission of promoting a more regenerative economy, according to Christina Ulardic, a partner at Astanor Ventures; “We were impressed by the passion and determination of the founding team. Biofluff has a unique offering for the luxury industry, fashion, and textiles, which is in full alignment with the Astanor mission of a more regenerative economy,” stated Christina Ulardic, a partner at Astanor Ventures.”
In addition to the funding, BioFluff also unveiled its inaugural luxury material brand, Savian. The brand’s collection will feature fur, shearling, and fleece-like fabrics made from plant fibers utilizing BioFluff’s proprietary technologies. Emphasizing sustainability, Savian’s vegan collection carries a GMO-free status and incorporates natural and mineral-based dyes, with the aim of setting a new standard for sustainability in the luxury apparel sector.
The CEO of BioFluff, Martin Steubler, expressed the company’s commitment to scaling its unique approach, stating, “At the close of this seed round with best-in-class impact investors, we are poised to scale our unique approach to reducing reliance on animal and synthetic-derived products in the textile industry. This investment will accelerate our mission to provide brands with better materials for a cleaner future.”
