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Efficient bio-production of next generation dyes for sustainable fashion

We are developing eco-friendly textile dyes from microorganisms using synthetic genomics to enhance sustainability and reduce pollution in the textile industry, targeting €24M revenue by 2026.

Subsidie
€ 1.947.888
2022

Projectdetails

Introduction

We are using biotechnology to address three global problems: sustainability, pollution, and waste management. We produce eco-friendly, high-performance textile dyes from microorganisms through an efficient bio-production process.

Technology Overview

Our production is based on the use of our proprietary Synthetic Genomics platform, which includes computational and genomic tools to engineer bacteria that produce colors from biomass waste streams.

Benefits of Our Dyes

Our technologies provide solutions for the problems facing the textile industry. Our bio-produced dyes have the following advantages:

  • The same dyeing performance as synthetic dyes
  • Cleaner production processes (independent from oil and toxic chemicals)
  • Safer to wear
  • Ready to be used by manufacturers

Market Strategy

We will sell our flagship product, indigo blue, to dyeing houses and fabric manufacturers. In the following years, we plan to offer a full range of colors.

Business Goals

Achieving a 50% market share at one of our large denim targets would be sufficient to meet our 2025 business plan. We aim to reach €24M in revenues with a gross margin of 67% by 2026.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 1.947.888
Totale projectbegroting€ 2.782.697

Tijdlijn

Startdatum1-2-2022
Einddatum31-1-2025
Subsidiejaar2022

Partners & Locaties

Projectpartners

  • SYNOVANCEpenvoerder

Land(en)

France

Inhoudsopgave

EIC Accelerator

EU-subsidieprogramma voor mkb en start-ups met grants tot €2,5 mln en equity-investeringen tot €15 mln voor baanbrekende innovaties.

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