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Bolt Threads to develop bacteria-based threads
June 19th, 2015
Emeryville, Calif.-based specialty fabrics startup Bolt Threads has received $32.3 million in Series B funding to back its development of bacteria-based threads for the apparel industry. Investors include Foundation Capital, Founders Fund, Formation 8 and Alafi Capital. Added to a previously undisclosed infusion of $7.7 million, the company has drawn some $40 million in backing. […]