# Spiber

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spiber

- Industry: Materials
- Headquarters: Tsuruoka-shi, Japan
- Website: https://spiber.inc/en
- Total disclosed funding: $30M
- Latest round: Series C (Oct 31, 2014)
- Investors on record: 6

## About

Spiber Inc., based in Japan, specializes in developing innovative protein-based materials, primarily its Brewed Protein™ fiber, which aims to transform the textiles and fashion industry with sustainable solutions.Founded in 2007 in Tsuruoka-shi, Japan, Spiber Inc. focuses on producing advanced protein materials. The company has executed 27 deals and recently raised JPY 10 billion in venture funding on April 12, 2024, supporting its mass production efforts. The founder's history includes previous ventures in the biotechnology sector, building expertise in protein engineering.Spiber Inc. specializes in the development and production of innovative protein-based materials through its flagship product, Brewed Protein™ fiber. This unique fiber aims to revolutionize the fashion and textile industry by providing sustainable alternatives to traditional materials. Brewed Protein™ is produced using precision fermentation, allowing for diverse applications across multiple sectors, including fashion, automotive, and outdoor apparel. Collaborations with brands such as JNBY Group and Bonmax Co., Ltd. demonstrate the product's adaptability and market reach, targeting regions like North America, Europe, and parts of Asia.Spiber's revenue model leverages partnerships and collaborations with established brands in the fashion and textile industries. This strategy facilitates both direct-to-consumer sales and B2B transactions, including co-branded products with Bonmax Co., Ltd. and limited edition collections with PANGAIA Lab. Pricing for these collaborations is aligned with agreements reflecting Spiber's unique materials and the sustainability goals of its partners.In April 2024, Spiber Inc. secured JPY 10 billion in funding to enhance the mass production of its Brewed Protein™ material and accelerate global sales. The company aims to expand into new markets, targeting further growth in regions beyond its established distribution channels by leveraging this recent funding. Upcoming product launches are planned to reinforce its market presence while aligning with increasing global demand for sustainable materials.

## Funding rounds

- Series C, Oct 31, 2014, $22M — SBI Shinsei Bank, Tohoku Innovation Capital, Nomura Research and Advisory, Kirayaka Bank, Shonai Bank
- Series B, Apr 30, 2013, $7.9M — Nomura Research and Advisory, Shonai Bank, KISCO

## Investors

- Nomura Research and Advisory (https://capitalatlas.ai/funds/nomura-research-and-advisory) — Series B, Series C
- Shonai Bank — Series B, Series C
- KISCO — Series B
- SBI Shinsei Bank — Series C
- Tohoku Innovation Capital (https://capitalatlas.ai/funds/tohoku-innovation-capital) — Series C
- Kirayaka Bank — Series C