Bionic is a company.
Bionic has raised $82.0M across 2 funding rounds.
Key people at Bionic.
Bionic has raised $82.0M in total across 2 funding rounds.
Key people at Bionic.
Bionic has raised $82.0M in total across 2 funding rounds.
Bionic's investors include Battery Ventures, Boost VC, CapitalG, Cyberstarts VC, Dawn Capital, Founders Fund, F-Prime Capital Partners, Index Ventures, Insight Partners, Lightspeed Venture Partners, Newion Investments, The General Partnership.
Bionic refers to Bionic Yarn, a mission-driven materials science company that produces high-grade textiles, polymers, and fabrics from recovered plastic waste, particularly marine and coastal plastics, to advance sustainability without compromising performance.[1] It serves leading brands in apparel and textiles, solving the dual problems of ocean plastic pollution and the demand for durable, traceable, eco-friendly materials by building recovery infrastructure in developing nations, creating jobs, and ensuring full traceability.[1] The company has gained traction through partnerships with industry leaders, driving measurable reductions in ocean plastic while maintaining high-performance standards.[1]
Bionic Yarn emerged from a commitment to environmental cleanup and materials innovation, though specific founding year and founders are not detailed in available sources.[1] The idea stemmed from recognizing that simply collecting plastic waste—especially from oceans and coastlines—requires robust infrastructure, which Bionic addressed by establishing public utility-like recovery systems in regions lacking waste management.[1] Early pivotal moments include pioneering traceable yarns from rescued plastics, expanding to holistic manufacturing that empowers local communities, and uniting brands around a shared mission to reduce ocean plastic, marking its evolution from niche yarn producer to sustainability leader.[1]
Bionic Yarn rides the wave of circular economy and regenerative materials trends, where materials science intersects with environmental tech to combat plastic pollution amid growing regulatory pressures and consumer demand for sustainable products.[1] Timing is critical as ocean plastic crises escalate and brands face scrutiny over supply chains; Bionic's infrastructure-first approach aligns with global sustainability goals like UN ocean health targets, influencing the textile ecosystem by setting standards for traceable, high-performance recycled materials.[1] It shapes broader adoption by proving profitability in purpose-driven innovation, encouraging competitors and partners to invest in recovery systems over virgin plastics.
Bionic Yarn is poised to scale its recovery networks and material innovations as sustainability mandates tighten and tech advances in polymer engineering accelerate, potentially expanding into new sectors like automotive or packaging.[1] Trends like AI-optimized recycling and bio-based hybrids will amplify its edge, evolving its influence from yarn specialist to ecosystem shaper that redefines industry norms for resilience and traceability. This positions Bionic as a resilient force, proving performance and planetary health can converge for lasting impact.
Bionic has raised $82.0M across 2 funding rounds. Most recently, it raised $65.0M Series B in March 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2022 | $65.0M Series B | Battery Ventures, Boost VC, CapitalG, Cyberstarts VC, Dawn Capital, Founders Fund, F-Prime Capital Partners, Index Ventures, Insight Partners, Lightspeed Venture Partners, Newion Investments, The General Partnership, UpHonest Capital, Venture Guides, Winklevoss Capital, Y Combinator, Amos Elliston, Charlie Songhurst, David Bettner, Jeff Arnold, Johan Lorenzen, John Collison, Mo El-Bibany, Othman Laraki | |
| Dec 1, 2020 | $17.0M Series A | Battery Ventures, Boost VC, Canaan Partners, CapitalG, Cyberstarts VC, Dawn Capital, F2 Capital, Founders Fund, F-Prime Capital Partners, Index Ventures, Insight Partners, Lightspeed Venture Partners, M12, Newion Investments, Spark Capital, Ten Eleven Ventures, The General Partnership, UpHonest Capital, Dafina Toncheva, Venture Guides, Winklevoss Capital, Y Combinator, Amos Elliston, Charlie Songhurst, David Bettner, Jeff Arnold, Johan Lorenzen, John Collison, Mo El-Bibany, Othman Laraki |
