Modern Meadow Received $40 Million B Round Of Financing
New York Broolyn founder Modern Meadow announced recently that the company has successfully completed $40 million B round financing to become a global company.
fashion
clothing
Foremost among accessories, bags, sporting goods, interior decorations and furniture manufacturers.
Leatherwear
Source of goods.
Modern Meadow takes the form of making leather in laboratory and factory biologics.
Andras Forgacs, the CEO and founder of Modern Meadow, explains that biological manufacturing involves processes such as collagen production, protein and cell reset, so as to ensure that the leather and natural leather produced are "biologically identical".
Suzanne Lee, creative director of Modern Meadow, says that the leather they produce can meet the designer's special needs, meet the brand's material needs, possess specific toughness, elasticity and thickness.
After the leather is produced, the Modern Meadow will send them to the tanning plant for dyeing.
Modern Meadow, the leader of this round of financing, is Horizons Ventures and Iconiq Capital, a Li Jiacheng equity investment organization under the name of Ventures, with ARTIS Ventures, Temasek, Breakout Ventures, Temasek, Breakout, and designer and founder.
After this round of financing, the total financing amount of Modern Meadow reached US $53 million 500 thousand.
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