Evonik Venture Capital invested in New Jersey-based start-up Modern Meadow

Evonik Venture Capital is investing in a start-up,  Modern Meadow, which sustainably produces biofabricated materials that closely resemble leather, eliminating the need for animal skins. Modern Meadow has developed a technology to produce animal-free collagen, a protein naturally found in animal hides. The process involves fermentation using yeast cells.

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