Tech Company Financing Transactions
Solena Materials Funding Round
Private investors, Insempra and SynBioVen participated in a $6.7 million Seed funding round for Solena Materials. The round was announced by the company on 5/5/2025.
Transaction Overview
Company Name
Announced On
5/5/2025
Transaction Type
Venture Equity
Amount
$6,700,000
Round
Seed
Investors
Proceeds Purpose
Solena will use the capital to move to a larger facility, still near Imperial's campus, to scale up production and begin partnerships with major fashion brands.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
84 Wood Ln
London, W12 0BZ
UK
London, W12 0BZ
UK
Phone
Website
Email Address
Overview
We are on a mission to reduce the environmental impact of the fashion sector by creating the next generation of synthetic fibres. Our deep learning models design new-to-world proteins from scratch to develop fibres that are high performance, non-oil derived and biodegradable. We are building a world where the fashion industry can use truly sustainable materials without the trade offs in the fabric performance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
James MacDonald
VP - Bus. Development
Gabriele Verikaite
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