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PACT raised £9M in a seed round led by Hoxton Ventures, ReGen Ventures, Celsius Industries, and Polytechnique Ventures to advance its pioneering biomaterials inspired by nature.

PRIVATESep 26, 2024

Amount Raised

£9 Million

Round Type

Seed

CambridgeBiotechnologyFashion

Investors

Polytechnique VenturesCelsius IndustriesRe Gen VenturesHoxton Ventures

Description

PACT has successfully raised a £9M seed round to focus on the development of innovative biomaterials, including Oval, the first scalable biomaterial made from natural collagen. This funding will enhance production capabilities and foster further biomaterial breakthroughs.

Quick answer

PACT raised £9 Million in a Seed round, dated September 26, 2024. Investors: Polytechnique Ventures, Celsius Industries, Re Gen Ventures and Hoxton Ventures. PACT is based in Cambridge, England, United Kingdom.

How much did PACT raise?
PACT raised £9 Million in a Seed round on September 26, 2024.
Who invested in PACT?
Polytechnique Ventures, Celsius Industries, Re Gen Ventures and Hoxton Ventures are named as investors in this round.
What does PACT do?
PACT designs elegant biomaterials made in harmony with the planet Earth.
Where is PACT based and how big is it?
PACT is based in Cambridge, England, United Kingdom. Fundz records about 41 employees.
Who are the decision-makers at PACT?
Fundz holds 1 contact at PACT. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Fashion and Biotechnology around the same time

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

  • Fina BioSolutions raised $3M (Seed) on November 8, 2024.
  • Autoimmunity BioSolutions raised $2.2M (Seed) on November 8, 2024.
  • ZAP Surgical Systems raised $78M (Series E) on November 8, 2024.
  • Vuori raised $825M (Secondary Market) on November 8, 2024.
  • Inanovate raised $900K (Seed) on November 8, 2024.
  • 28bio raised $3.7M on November 8, 2024.

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Company Information

Company

PACT

Location

Cambridge, England, United Kingdom

About

PACT designs elegant biomaterials made in harmony with the planet Earth. We’re committed to helping the world’s most innovative companies dream without boundaries. Our products are created with efficiency and kindness from the Earth’s abundant resources—beginning with an advanced material: Oval. Inspired by generations of leather artisans and master craftspeople, Oval is a supple material made from collagen. It offers designers unparalleled flexibility while minimising environmental footprint across the entire production process. Oval is the first biomaterial of its kind—created from natural collagen and enriched with oils and free of harsh chemicals.

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PACT raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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