VitroLabs scores $46M in Series A financing

In California, VitroLabs Inc, a Bay-Area-based biotech company leading the development of a new scientific process to grow the world’s first cellular cultivated animal leather, announced that it has closed its Series A financing to build and scale pilot production. The company has raised a total of $46 million. Series A funding is led by Agronomics; other investors include BESTSELLER’s Invest FWD, global luxury group Kering, Khosla Ventures, actor and environmentalist Leonardo DiCaprio, New Agrarian, and Regeneration.VC. In addition, Kering continues its partnership with VitroLabs in bringing support for product quality testing, tanning, and finishing.