The new round will support the advancement of New Dawn Bio’s cultured wood technology, which uses tree stem cells to grow wood products without logging, offering a potential alternative to traditional timber production.
New Dawn Bio, a deeptech startup developing what it describes as the world's first
cultured wood, has closed a €2.1 million oversubscribed pre-seed funding round.
The round was led by CapitalT, with participation from Norrsken Evolve,
Ontdekkers Group, and a group of prominent angel investors, including Jelle
Prins.
Dutch startup New Dawn Bio raises €2.1M to grow wood in bioreactors: 10,000x faster than a forest — TFN
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New Dawn Bio has raised a €2.1 million oversubscribed pre-seed round led by CapitalT to develop the world's first cultured wood.
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