GOING DUTCH: Dutch biotechnology company Qorium has raised a 22 million euro series A round to accelerate the commercialization of its cultivated leather technology.

“This investment is a powerful vote of confidence in our mission to transform the leather industry,” said Qorium chief executive officer Michael Newton. “By combining cutting-edge science with deep leather expertise and sustainable practices, we are creating real leather that offers better performance than traditional animal-derived leather, without the environmental and ethical costs.”

The round was led by the Dutch national impact investor Invest-NL and Limburg regional development agency LIOF. They joined existing backers Brightlands Venture Partners and Sofinnova Partners, which re-upped their investment, as well as sev

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