Today’s Deals – Bolt Threads is raising $106 million from Foundation Capital and Formation 8

 Our spidey senses are burning over here. According to an SEC filing, TechCrunch has learned Bolt Threads, the biotech company spinning microbes into spider silk, is raising a whopping $106 million in Series D financing. Bolt Threads has been on a meteoric rise since it first told TC about its ambitious endeavor to make spider silk, a material stronger than teflon but softer than a cloud,… Read More

from TechCrunch

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: