Friday, December 13, 2024

Bucha Bio: Raises $1.1M in Seed Funding

Bucha Bio Raises $1.1M in Seed Funding

  • Bucha Bio, a Houston, TX-based biomaterials science company, raised $1.1M in Seed funding
  • Backers included New Climate Ventures, Lifely VC, Beni VC, Prithvi VC, Asymmetry VC, Alwyn Capital, and Chris Zarou
  • The company intends to use the funds to accelerate its move to market by securing co-manufacturers to scale material production and support the construction of its new Houston headquarters
  • BuchaBio now has two biobased materials in development – SHORAI and HIKARI
  • SHORAI can be used as an alternative to animal leather, plastic leather, or other types of synthetic materials
  • The company plans to continue to enable new form factors for their technology, including biofibers, biopackaging, and hard biocomposites

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