Fundz

German Silk Biopolymers Producer Amsilk Brings Series C Round To €54 Million

PRIVATEApr 04, 2023

Round Type

Series C

NeuriedManufacturingBiotechnology

Investors

MIG CapitalCargillNovo HoldingsAthos

Description

Munich-based AMSilk has raised an additional €25 million in its Series C round, not bringing the rounds’ total to €54 million. According to the company, the new capital will be used to ramp up the industrial product and distribution of its bio-fabricated silk protein materials.

Quick answer

AMSilk raised an undisclosed amount in a Series C round, dated April 4, 2023. Investors: MIG Capital, Cargill, Novo Holdings and Athos. AMSilk is based in Neuried, Bavaria, Germany.

How much did AMSilk raise?
AMSilk raised an undisclosed amount in a Series C round on April 4, 2023.
Who invested in AMSilk?
MIG Capital, Cargill, Novo Holdings and Athos are named as investors in this round.
What does AMSilk do?
AMSilk is a frontrunner in advanced biomaterials made from silk-based proteins.
Where is AMSilk based and how big is it?
AMSilk is based in Neuried, Bavaria, Germany. Fundz records about 81 employees.
Who are the decision-makers at AMSilk?
Fundz holds 1 contact at AMSilk. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing and Biotechnology around the same time

Companies in the same sectors as AMSilk that raised within 45 days of this round, from Fundz verified event records.

  • Varda Space Industries raised an undisclosed amount (Funding Round) on May 17, 2023.
  • InspireMD raised $42M on May 12, 2023.
  • Interface Polymers raised an undisclosed amount (Funding Round) on May 9, 2023.
  • Earth Alive Clean Technologies raised $3.5M (Seed) on May 8, 2023.
  • MED-X raised $120K (Pre-Seed) on May 6, 2023.
  • Novabay raised $3M (Seed) on May 1, 2023.

Who to call at AMSilk, and when

A new round usually means AMSilk is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day AMSilk raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at AMSilk, from your own LinkedIn network

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Company Information

Company

AMSilk

Location

Neuried, Bavaria, Germany

About

AMSilk is a frontrunner in advanced biomaterials made from silk-based proteins. Using a patented technology platform, protected by a best-in-class patent portfolio, we are pushing boundaries in the field of bio-based materials. At AMSilk, we turn man-made proteins into formulations, including fibers and yarns, hydrogels and silk powder. The high-performance qualities of our material enables a wide range of applications in the textile, homecare, biomedical, and automobile industries, and brings breakthrough benefits for products and customers. The Company has already collaborated with industry-leading global companies and plans to continue partnering with enterprises worldwide to pursue the vision of enabling true change through disruptive biotech materials.

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