After raising a seed round of funding, an alternative materials startup is gearing up to move into its new facility.
BUCHA BIO, a climatetech company that’s creating sustainable materials to replace plastics and leather for the fashion industry and beyond, closed its most recent round of funding at $1.1 million in September. Now, the company is full speed ahead getting ready to move into a larger office and lab space this month while hiring within technical roles, supply chain, quality control scientists, and more to make sure BUCHA BIO is ready to scale.
“That’s the biggest deployment of capital — making sure we have the team that can scale this and so we can set up the logistics needed,” CEO Zimri T. Hinshaw says on this week’s…