Arda Biomaterials’ mission to transform waste into a valuable, animal and plastic-free leather alternatives has just received a major boost with £1.1m of new investment, led by Clean Growth Fund, the UK clean-tech venture capital fund, alongside a number of other investors and angels.

Given the market potential of Arda’s innovative technology, Clean Growth Fund, has led a £1.1m investment in the company, alongside Plug and Play, Serpentine Ventures, Satgana, and a group of angel investors from alternative protein, fashion, and the climate tech ecosystem.