PILI Funding Round

2/28/2023

Venture Equity

$15,800,000

Series A

We will be used to further support the startup's goal of decarbonising the colour industry.

Private & Independent

Biopharmaceutical

Toulouse White Biotechnology
Toulouse, Undisclosed
FR

Undisclosed

By proposing renewable colors from the edge of biotechnology and organic chemistry, PILI is tackling the problem of color industry pollution.We take part in a long-term revolution regarding the way we produce, use and recycle products. This new era will be partly ruled by microorganisms that can be cultivated to produce a wide variety of renewable materials at industrial scale. This technology has been used for ages, mostly in the food industry through fermentation (beer, bread, cheese, chocolate, vinegar..) and more recently in health care, where engineered microorganisms produce pharmaceutical molecules (such as insuline), these champions now show up again in the production of smart and renewable materials. PILI is focused on the biofabrication of a wide range of colors produced by microorganisms as an alternative to the petrochemical versions (non-renewable, toxic to work with..) and without the drawbacks of the vegetal ones (non scalable, expensive, dependant on weather..). A lot o