BioFluff, a New York and Paris-based bio-materials startup, has closed a $2.5 million seed funding round led by Astanor Ventures, a significant name in agrifood tech impact investing. This funding comes on the heels of a $0.5 million pre-seed round in 2022, led by SOSV, PDS Limited & Joyance Partners.
BioFluff aims to offer sustainable alternatives to animal-derived and plastic-based fabrics. The company recently launched Savian, a luxury textiles collection that serves as a plant-based substitute for both animal-derived and plastic-based fabrics.
Martin Steubler, CEO of BioFluff, expressed excitement about closing the seed funding round, emphasizing its importance in advancing the company’s mission for a cleaner future. He stated, “This investment will accelerate our mission to provide brands with better materials for a cleaner future.”
Astanor Ventures, known for its dedication to fostering sustainability and innovation in the food and agriculture sectors, led the investment. Christina Ulardic, Partner at Astanor Ventures, praised BioFluff’s disruptive contribution to the luxury industry, stating, “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.”
Savian, BioFluff’s innovative luxury range, is crafted from natural plant fibers using proprietary technologies. The collection features fur, shearling, and fleece-like fabrics, representing a breakthrough in sustainable luxury. The vegan-centric collection is free from GMOs and incorporates natural and mineral-based dyes.
Founded in 2017, Astanor Ventures is a key player in agrifood tech impact investing, supporting companies that drive positive environmental impact through disruptive technologies.
The funding will support BioFluff’s mission to reduce reliance on animal and synthetic-derived products in the textile industry and further innovation in sustainability.