Leather Manufacturers Modern Meadow B Round Financing Success
New York Broolyn enterprise Modern Meadow recently announced that the company successfully completed the $40 million B round of financing, to become the world's leading fashion apparel and accessories, bags, sporting goods, interior decoration and furniture manufacturers of the primary leather source.
Modern Meadow takes the form of manufacturing in laboratory and factory.
Leatherwear
The way.
Andras Forgacs, the CEO founder of Modern Meadow, explains that biological manufacturing involves processes such as collagen production, protein and cell reset, so as to ensure the production of leather.
Natural leather
"Biology is exactly the same."
Modern Meadow the leading Party of this round of financing is Horizons Ventures and Iconiq Capital, the equity investment institution under Li Jiacheng's name, with ARTIS Ventures, Temasek, Breakout Ventures, Temasek, Breakout and
Designer
And founder Tony Faddell.
After this round of financing, the total financing amount of Modern Meadow reached US $53 million 500 thousand.
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.
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