By pairing this financing with existing revenues from commercial partnerships and funding from the Department of Energy, ZymoChem, creators of a carbon-efficient bio-manufacturing platform, will launch its first high-performance material and advance its first partnered product to commercial scale.
To help address the climate crisis, ZymoChem rethinks how everyday products, from personal hygiene items to textiles, are produced. ZymoChem is redesigning manufacturing with products that do not come from fossil fuels, require carbon-intensive production, or persist for hundreds of years, the company said in a media release.
ZymoChem's approach aligns well with Lululemon's goal of improving sustainability within its product portfolio.
“We’re upending the materials industry,” said Harshal Chokhawala, co-founder and CEO of ZymoChem. “Our technology delivers sustainability without compromising performance, scale, and importantly economics. This unlock has already catalysed multiple partnerships with world-leading companies and we’re thrilled to expand our impact with our key stakeholders.”
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