Material Innovation Initiative

https://www.materialinnovation.org/

Last activity: 31.05.2024

Active

Categories: AutomationCarChemicalDevelopmentFashionGoodsGreenTechHomeMaterialsWaste

From your car seat to the clothes on your back, the materials we interact with every day have a profound impact on the environment. Animal-based materials are linked to climate change, chemical waste, and resource depletion, and many current animal-product replacements are made from petroleum and don’t meet consumers’ needs. Consumers and companies alike are searching for sustainable solutions that are functional, fashionable, and cost-effective, but today’s options are few and far between.

The Material Innovation Initiative accelerates the development of sustainable materials for the fashion, automotive, and home goods industries, with a focus on replacing animal-based materials.

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635

Website visits

19.7K /mo.

Mentions

Overview

Employees

11-50

Founded date

2019

Mentions in press and media 21

Date	Title	Description
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Feb 15, 2023	BREAKING REPORT: Gap in fermentation capacity is holding back the bioeconomy	The lack of fermentation facilities to meet demand is creating a significant backlog of innovations, according to a new report released today by Synonym Bio. The first-of-its-kind report—The State of Global Fermentation Capacity—documents a...
Nov 11, 2022	Meet the Founder: How Synonym’s Joshua Lachter finds inspiration in ‘the power of biology’	As more precision fermentation startups emerge, the need for more production capacity also increases. US-based Synonym isn’t itself a fermentation startup. Instead, the company connects such startups with the infrastructure they need to pro...
Aug 16, 2022	Стартап, создающий кожу из грибов, привлек $10 млн	Стартап Mycel привлек $10 млн, которые потратит на расширение штата и создание собственного производства в Южной Корее. Компания занимается разработкой заменителя кожи, в основе которого корневая структура грибов. Южнокорейский стартап Myce...
Aug 15, 2022	Mycel’s mushroom-based biomaterials sprout $10M in funding	Mycel, a South Korean startup making fungal-based biomaterials that can replace leather and meat, said it has raised $10 million (13 billion WON) in a pre-Series A round of funding. Co-founder and CEO of Mycel Sungjin Sah told TechCrunch th...
Apr 12, 2022	Next-Gen Material Investments Almost Double to $980M in 2021	A new report by Material Innovations has found that next-gen material investments surged to $980 million last year, up from $425.5 million in 2020. The State of the Industry report also found that the total number of companies in the indust...
Feb 16, 2022	GlassWall Syndicate’s Macy Marriott and Material Innovations Initiative’s Elaine Siu Discuss New Collaboration	Macy Marriott of the GlassWall Syndicate and Elaine Siu of Material Innovations Initiative join Elysabeth Alfano on The Plantbased Business Hour to discuss if Alt Materials will be as strong as Alt Protein in the marketplace. Hear about the...
Feb 15, 2022	Грибная кожа и ферментированный шелк: как масштабировать производство альтернативных материалов	Все большее число брендов экспериментируют с новыми более экологичными материалами. В обновленном дизайне кроссовок Stan Smith от Adidas используется кожзаменитель на основе грибов. Из того же материала Lululemon изготовила коврики и оборуд...
Feb 7, 2022	MII’s Material Innovation Conference to Bring Together Leaders in Next Gen Materials	The Material Innovation Initiative (MII) announces a next-gen materials conference featuring industry experts including Forager, MycoWorks, VitroLabs, Modern Meadow, Veshin, NFW, and Everlane, who will gather online to discuss the future of...
Oct 18, 2021	EXCLUSIVE: Bucha Bio banks funding for its next-gen bacterial biomaterials	US biomaterials company Bucha Bio has raised $550,000 in funding to scale up production of its bio-textile product called Mirai. Investors included New Climate Ventures, Beni Venture Capital, Lifely VC, QKZ Design, and MicroVentures, alongs...
Aug 23, 2021	90% of Chinese Shoppers Prefer Animal-Free Leather, Poll Finds	4 Mins Read Shoppers in China are turning away from traditional leather and are instead eyeing novel “next-gen” animal-free leather alternatives. In a new consumer poll, 90% of urban Chinese consumers said they prefer leather alternatives o...
Aug 4, 2021	Momentous Shift Imminent in China Where 90% Want Vegan Leather	A consumer study in China has indicated that there could be a seismic move away from animal leather, with 90% of customers stating they preferred leather alternatives. The Material Innovation Initiative (MII) study, done in collaboration wi...
Jul 1, 2021	State of the Industry Report: Next-Gen Materials – a Deep Dive With Industry Expert Allen Zelden	Last week, The Material Innovation Initiative published a first-of-its-kind paper named State of the Industry Report: Next-Gen Materials, revealing some impressive figures on the trends within sustainable materials: $1.29 billion was invest...
Jun 23, 2021	Next-Gen Sustainable Materials To Follow Alt Protein, Become $2.2 Billion Industry By 2026, Predicts New Report	6 Mins Read Next-gen materials, a term describing high-performance sustainable alternatives to animal-based materials, is a nascent industry. But a new report from the Material Innovation Initiative (MII) say it will follow a similar trajec...
Oct 7, 2020	Can We Get Animals Out of the Food and Materials Supply Chain?	What’s next for plant-based foods and materials? Macy Marriott of the GlassWall Syndicate and Stephanie Downs of Material Innovation Initiative are on the Plantbased Business Hour with Elysabeth Alfano discussing 1) the innovations in the p...
Sep 21, 2020	Plantbased Business Minute for Week Ending 9/18: “Veganism is Having a Blast!”	Every week, Plantbased Business Expert Elysabeth Alfano breaks down the headlines with her review and analysis. Here is the rundown from her video for the week ending September 18, 2020. Veganism Is Having A Blast According to vegconomist, ...
Jun 25, 2020	Material Innovation Initiative: “Major Players in the Industry are Genuinely Excited About Next-Gen, Animal-Free Materials”	The Material Innovation Initiative (MII) is a young nonprofit collective dedicated to accelerating the advancement of next-gen materials across a spectrum of industries ranging from fashion, automotive, and home goods. The goal of the initi...
May 19, 2020	EVO Foods Receives Backing from Industry Giants for Liquid Egg Replacer Set to Disrupt Indian Market	Indian startup EVO Foods, producer of a vegan egg replacer on course to launch in July 2020, has received funding from alt protein venture capital fund Big Idea Ventures and also secured its first angel investment from Ryan Bethencourt, co-...
May 19, 2020	EVO Foods Receives Backing from Industry Giants for Liquid Egg Replacer Set to Disrupt Indian Market	©EVO Foods Indian startup EVO Foods, producer of a vegan egg replacer on course to launch in July 2020, has received funding from alt protein venture capital fund Big Idea Ventures and also secured its first angel investment from Ryan Bethe...
May 18, 2020	New MII Initative To Fast-Track Sustainable Vegan Textile & Material Innovation	1 1 Share 3 Mins Read A newly launched nonprofit organisation, Material Innovation Initiative (MII), aims to accelerate innovation in the sustainable and vegan material space. From plant-based ingredients to lab-grown technology, the MII ho...
	Inflation takes a bite out of plant-based meat sales	The trend: Inflation has driven many consumers to trade down from plant-based meat to less expensive protein alternatives, including conventional meat. Because the customer base for plant-based foods extends beyond vegans and vegetarians, t...

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FAQ about Material Innovation Initiative

When was Material Innovation Initiative founded?

Material Innovation Initiative was founded in 2019.

What has the press written about Material Innovation Initiative?

Parsers VC has collected 21 articles mentioning Material Innovation Initiative, among them “BREAKING REPORT: Gap in fermentation capacity is holding back the bioeconomy” (Feb 15, 2023) and “Meet the Founder: How Synonym’s Joshua Lachter finds inspiration in ‘the power of biology’” (Nov 11, 2022).

Is Material Innovation Initiative still active?

Yes, Material Innovation Initiative is active; its latest activity on Parsers VC dates from May 31, 2024.