Lab-Grown Cotton Enters The Market With Galy-Suzuran Partnership
23rd July 2023
Boston startup Galy has inked a deal with Japanese manufacturer Suzuran Medical Inc. to use the startup’s lab-grown cotton in its products.
Suzuran says it plans to use thousands of tons a year of Galy’s “Literally Cotton” fibers as part of a 10-year, $50 million partnership.
“It’s huge,” says Luciano Bueno, Galy’s founder and CEO. “It’s the first-time lab-grown cotton will enter any market worldwide.”