This week was a case in point, with Silicon Valley-based VitroLabs, a developer of cell-cultivated leather, closing on $46 million in a Series A funding round. Agronomics led the financing, joined by a list of backers including Khosla Ventures and Leonardo DiCaprio.
Source: Faux Leather, Real Money: Fabric Funding Sizzles As Startups Spin Out Cell-Grown Leather And More