BioTwin Secures £175,000 Pre-Seed Investment for Sustainable Construction Revolution

BioTwin Secures £175,000 Pre-Seed Investment for Sustainable Construction Revolution

In a remarkable stride towards revolutionizing sustainable construction materials, BioTwin, a pioneering startup, has secured a substantial £175,000 in pre-seed investment funding. This significant financial boost is a testament to the promise and potential of BioTwin’s innovative approach to greener building materials. The investment was made possible through a collaboration with SFC Capital, a leading early-stage investment firm in the UK, and Stephen Goldenberg, an esteemed angel investor and serial founder.

SFC Capital has earned its reputation as a key player in nurturing innovation among British startups since 2012. With a strong track record of supporting entrepreneurs from their initial SEIS funding rounds through to successful exits, SFC Capital is the ideal partner for BioTwin’s ambitious mission.

Kit Chong, the co-founder and CEO of BioTwin, expressed his enthusiasm for the recent investment, saying, “We are thrilled to have SFC Capital and Stephen Goldenberg on board as our investment partners. Their expertise and shared commitment to sustainability align perfectly with our mission. This funding represents a significant boost to our efforts, allowing us to bring our innovative solutions to the construction industry faster and with greater impact.”

Stephen Page, CEO of SFC Capital, also voiced his excitement, stating, “We are thrilled to support BioTwin in its quest to decarbonize the construction industry with sustainable materials. Their innovative approach perfectly aligns with our commitment to sustainability and net-zero goals, and they’re in excellent company among our portfolio of over 50 Climate Tech firms.”

BioTwin’s primary innovation is a groundbreaking biocomposite wall stud made from hemp shiv, which offers a more sustainable alternative to traditional light gauge steel wall studs. This development will enable developers and contractors to enhance their environmental credentials and contribute to a more sustainable future for construction.

The £175,000 in funding will accelerate BioTwin’s ongoing efforts to perfect their carbon-neutral building material and expedite its journey to market. In addition to this investment, BioTwin has received support from Innovate UK through a Transformative Technologies grant, which is facilitating collaboration with industry partners in the development of their plant-based wall stud.

BioTwin is led by its founders, Kit Chong and Matt Elton, who bring a wealth of experience to the venture. Kit specializes in scaling businesses, marketing, and securing sales, while Matt’s expertise spans design, construction, manufacturing, and materials. Together, they lead a dedicated team with over two decades of collective business experience, including successfully scaling and exiting previous ventures.

With the construction materials industry being responsible for a staggering 11% of global CO2 emissions, BioTwin’s innovative materials have the potential to transform the sector and pave the way for a zero-carbon footprint in every building and structure worldwide.

BioTwin’s vision is clear: they are dedicated to transforming the construction industry through sustainable building materials, and their plant-based hemp wall stud is at the forefront of this green revolution. As they continue to innovate and collaborate, BioTwin is poised to make a lasting impact on the path to a more sustainable future for construction.