Faircraft raised $15.8m in a Series A round.

Faircraft, a pioneer of lab-grown leather using unique and patented tissue engineering techniques, raised $15.8m in a Series A round, with participation from Kindred Ventures, Cap Horn, BPI, Sake Bosch, Entrepreneur First, Alliance for Impact and Heirloom. This funding will enable Faircraft to expand its team, notably by recruiting more engineers and biologists, and accelerate its efforts to scale operations and meet growing demand.