BUCHA BIO scores $1.1M in seed round

In Texas, biomaterials science innovator BUCHA BIO announced an oversubscribed $1.1 million Seed Round. BUCHA BIO makes biobased materials using bacterial nanocellulose and other plant-based components that replace unsustainable conventional leathers and plastics. The new funding will accelerate the company’s move to market by securing co-manufacturers to scale material production for market availability in 2023. Several key hires will also join the growing team, including a new supply chain lead and technician roles. Additionally, funding will support the construction of the company’s new Houston headquarters, housing a materials development laboratory, prototype manufacturing line, and offices.