Arda Biomaterials Secures $5.25M to Propel Plant-Protein Innovations

Arda Biomaterials, a UK-based chemistry technology innovator focused on plant-based protein materials, has recently secured $5.25 million in funding aimed at scaling their operations. The oversubscribed funding round was led by Germany's Oyster Bay Venture Capital and included investments from London-based firms Kadmos Capital and Green Angel Ventures, with continued support from the Clean Growth Fund. The influx of capital is intended to accelerate the development and commercialization of Arda's flagship product, New Grain, a sustainable leather-like material made from protein-rich waste derived from breweries and distilleries. This concentrated effort aims to disrupt traditional materials reliant on animal and petrochemical sources by offering an eco-friendly alternative applicable across sectors like fashion, automotive, and furniture. Arda plans to expand its production capabilities with a new facility in South London by 2025, marking a significant stride towards broader market entry. Participants in the recent funding round have expressed strong confidence in Arda's potential to champion a transformative shift in material science towards a circular, sustainable economy.