New York Modern Meadow Leather Traders Received $40 Million B Round Of Financing.
New York Broolyn enterprise Modern Meadow recently announced that the company successfully completed the $40 million B round.
financing
To become the primary leather source of fashion apparel and accessories, bags, sporting goods, interior decorations and furniture manufacturers all over the world.
Modern Meadow takes the form of making leather in laboratory and factory biologics.
Andras Forgacs, the CEO founder of Modern Meadow, explains that biological manufacturing involves processes such as collagen production, protein and cell replacement, so as to ensure the production of leather and natural products.
Leatherwear
"Biology is exactly the same."
Suzanne Lee, creative director of Modern Meadow, said that the leather they produce can meet the designer's special needs and meet the needs of the designer.
brand
Material requirements, with specific toughness, elasticity and thickness.
After the leather is produced, the Modern Meadow will send them to the tanning plant for dyeing.
Modern Meadow, the leader of this round of financing, is Horizons Ventures and Iconiq Capital, a Li Jiacheng equity investment organization under the name of Ventures, with ARTIS Ventures, Temasek, Breakout Ventures, Temasek, Breakout, and designer and founder.
After this round of financing, the total financing amount of Modern Meadow reached US $53 million 500 thousand.
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