4 Mins Read New York-based biomaterials startup AlgiKnit has raised US$2.4 million in a bridge financing round that saw participation from Hong Kong billionaire Li Ka-shing’s Horizon Ventures among others. The company says the investment brings it another step closer to commercialising its seaweed-derived biodegradable yarns that could disrupt the market for polluting fibres such as petroleum-based polyester […]

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