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Dutch-based Cell-cultured Leather Company Qorium Raises Funds; Appoints Former Nike Exec as New CEO

PRIVATEJan 11, 2024

Company

Qorium

MaastrichtManufacturingBiotechnologyFashion

Description

Limburg-based Qorium, a cell-cultured leather company, announced that it has raised fresh funding from Brightlands Venture Partners and Sofinnova Partners. Additionally, Michael Newton, a former senior executive at Nike, is appointed as the Chief Executive Officer to lead the company in its next phase of growth.

Quick answer

Dutch-based Cell-cultured Leather Company Qorium Raises Funds; Appoints Former Nike Exec as New CEO (January 11, 2024). Qorium is based in Maastricht, Limburg, Netherlands.

What did Qorium announce on January 11, 2024?
Limburg-based Qorium, a cell-cultured leather company, announced that it has raised fresh funding from Brightlands Venture Partners and Sofinnova Partners. Additionally, Michael Newton, a former senior executive at Nike, is appointed as the Chief Executive Officer to lead the company in its next phase of growth.
What does Qorium do?
Qorium is redefining leather for a sustainable future.
Where is Qorium based?
Qorium is based in Maastricht, Limburg, Netherlands.
Which similar companies made leadership changes around the same time?
Elemental Advanced Materials (January 11, 2024), Gap (January 12, 2024), Okami Medical (January 8, 2024) and Tibidabo Scientific Industries (January 8, 2024) also announced leadership changes within 45 days of Qorium.

Source: Fundz verified event record.

Other recent leadership changes in Fashion and Manufacturing

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

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Company Information

Company

Qorium

Location

55 Oxfordlaan

Maastricht, Limburg, Netherlands

About

Qorium is redefining leather for a sustainable future. We create beautiful, premium, and authentic leather—without compromise. Through cutting-edge science, we’ve removed the cow from leather production, dramatically reducing the environmental footprint of the traditional leather industry. Our process delivers the same luxurious quality with minimal climate impact, low water and chemical use, no land use, and zero animal harm. At Qorium, we’re reinventing leather to make it as responsible as it is desirable.

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Qorium changed its leadership. Fundz had it the day it was filed, with the decision-maker at the company attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.