TômTex raises seed round to 4.15 million US dollars for shrimp fabric

New York-based sustainable biomaterial producer TômTex announced yesterday the closing of a successful seed round at 2.25 million US dollars, winning the support of Happiness Capital, who led the round, and key partners US-based venture capital firm SOSV, environmental non-profit Parley for the Oceans and MIH Capital. The company had raised 1.9 million US dollars in a previous pre-seed round, bringing the total to 4.15 million US dollars.