Chris Sacca's Lowercarbon Capital just invested $20 million in Woodoo, a startup making wooden alternatives to steel, cement, and glass, after seeing this pitch deck
Woodoo is a biotech startup creating alternatives to leather, glass, cement, and steel using wood.We got a peek inside the 8-slide pitch deck it used to raise from Chris Sacca's Lowercarbon Capital.
Having worked with traditional building materials, Boitouzet headed to Harvard and MIT to study chemistry, molecular biology, and material science, with the purpose of developing a material to build the cities of the future while also tackling climate change. Paris-based Woodoo – aptly named to represent the company's"magic" – uses a chemical process to extract lignin from planks of wood to create alternatives to leather, glass, concrete, and steel.but is its"weak" building block, as it is food for insects and degrades over time, Boitouzet said. By replacing it with a bio-based filler, which changes depending on the wood type and end use-case, Woodoo can change the physical and optical nature of the material.
Boitouzet is set on becoming the go-to option for building materials, having already seen traction in the luxury goods market. Woodoo won't rely on its green credentials to convince buyers, but by outperforming traditional materials in their strength, look, and cost, Boitouzet said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Jennifer Garner, 51, Always Brings This Reusable Cup on Her Daily WalksJennifer Garner, 51, Loves This Reusable Coffee Cup—and It’s on Sale Right Now
Leer más »
Achieve a green thumb with this plant identification app, now $20Pay less for plant expertise.
Leer más »
Mother’s Day gift guide according to budgetOur favourite gifts under $20, $50, $100 and $200
Leer más »
This $20 Python computer programming bundle could help you get certifiedLaunch a career in computer programming with help from this e-learning option.
Leer más »
Did you win Saturday’s $20M Powerball drawing? Winning numbers, live resultsThe winning Powerball lottery numbers are drawn Saturday, April 22, 2023, at 10:59 p.m. The Powerball jackpot drawing today (4/22/2023) is worth an estimated $20 million for a single winner.
Leer más »
Wireless earbuds for less than $20 that don’t suck? Wait, what?The Skullcandy Jib True 2 wireless earbuds are a worthy impulse buy at just $16.99
Leer más »