The recent €15M funding will allow Faircraft to expand its engineering and biology teams, crucial for scaling production of its lab-grown leather to meet increasing demand.
Developing lab-grown leather through cellular agriculture allows Faircraft to offer a sustainable alternative to traditional leather, combining innovative technology with the expertise of luxury tanners.
While currently more expensive than traditional leather, Faircraft is working towards achieving price parity, ensuring wider adoption of its sustainable leather solution in the industry.
Faircraft's process is designed for scalability and sustainability, holding patents that secure its innovative approach within the lab-grown leather market, focusing on mechanical properties and eco-friendliness.
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