Rubi Laboratories is a biotechnology startup with a mission to turn carbon emissions into natural carbon-negative textiles. Founded in 2020, the company envisions a future where human prosperity and economic growth have a positive impact on the planet. They have developed a cell-free enzyme flow biocatalysis platform that unlocks CO2 as a natural resource for creating critical materials in a cost-competitive manner. Their initial focus is on producing carbon-negative textiles for the fashion industry, offering the same quality as traditional textiles but at half the cost of cotton at scale. Additionally, their production process is completely carbon-negative and has a neutral impact on water and land use. Rubi Laboratories is endorsed by a number of prominent investors including Talis Capital, Plug and Play, Incite.org, Necessary Ventures, and Climactic VC, who collectively participated in a $5.15M Venture Round investment in December 2023. The company's strong backing and pioneering approach to sustainability make it a compelling player in the biotechnology, manufacturing, and sustainability industries. With an unwavering commitment to high-quality science, impact, transparency, and purpose, Rubi Laboratories is positioned to make a significant mark on the future of sustainable textile production.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | $969.96K | 1 | 05 Dec 2024 | |
Venture Round | $5.15M | - | 14 Dec 2023 | |
Seed Round | $8.70M | 6 | 01 Mar 2023 | |
Seed Round | $4.25M | 4 | James Reinhart, Manny Mashouf | 16 Feb 2022 |
Grant | $255.94K | 1 | 15 Dec 2021 |
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