Synthetic silk developer Spiber, backed by Godwin and Dai-ichi Life, has now raised a total of more than $260m.
Spiber, a Japan-based synthetic silk products developer backed by sportswear producer Goldwin, has received approximately ¥5bn ($44m) in a round led by public-private partnership Cool Japan Fund, the Bridge reported on Saturday.
Cool Japan Fund invested $17.6m in the round, however other investors were not disclosed.
Spun out of Keio University’s Institute for Advanced Biosciences in 2007, Spiber is developing a manufacturing process for products made of synthetic silk proteins rather than the natural form generally collected from insects such…
