QORIUM
10.1.2024 12:12:33 CET | Business Wire | Press release
Qorium, the world-leading cell-cultured leather company, today announces a series of significant milestones in its journey towards commercial scale. The firm has secured investment from breakthrough VC’s Brightlands Venture Partners and Sofinnova Partners, marking a significant vote of confidence in the future of sustainable, cell cultured leather production.
The company further confirms today that to steer the company through this next exciting phase of growth, Michael Newton, the former Nike senior executive, has been appointed as Chief Executive Officer.
Newton joins a founding leadership team that boasts cell-cultured meat pioneer Mark Post as Chief Scientific Officer. Widely recognised as the leading voice in cellular agriculture, Post stunned the world by producing the first cell-cultured hamburger in 2013, following which he co-founded Mosa Meat to bring the product to market. Post joined forces with leather industry veteran Rutger Ploem and sustainability entrepreneur Stef Kranendijk to drive Qorium’s pioneering development of viable, quality lab grown sustainable leather.
Michael Newton said, “As soon as I met Mark, Rutger, Stef and the team at Qorium, I knew this was going to be the perfect fit. Qorium is founded on the conviction that when tradition and talent meet cutting-edge science, true category transformation can happen. My years at Nike were all about innovating product to unleash human potential; I'm thrilled to be taking this next logical step, where incredible science can deliver a truly sustainable future through high quality, excellent products that consumers covet."
Guillaume Baxter, Principal at Sofinnova Partners, said, “Our mission is to identify ground-breaking innovations that have the capacity to enhance planetary health while also offering substantial returns. Qorium is an ideal match for our industrial biotechnology investment platform: a world-class leadership team, proven tech, and a real product with the potential to transform a whole industry for the good of the planet.”
Olga Goor, Investment Manager at Brightlands Venture Partners, added, “We’re thrilled to have Sofinnova Partners join us as key investors in Qorium. Qorium has made impressive progress over the last two years, and we are convinced that the addition of Michael alongside with both BVP’s and Sofinnova’s deep expertise, knowledge and relationships in this space will only further accelerate Qorium’s development.”
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240110867558/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
SLB OneSubsea Awarded Major Subsea Systems Contract for Rovuma Basin Development29.9.2026 13:46:00 CEST | Press release
Agreement with ExxonMobil Moçambique, Limitada supports development of LNG deepwater resources in Mozambique Global energy technology company SLB (NYSE: SLB) today announced that its OneSubsea™ joint venture has been awarded a contract by ExxonMobil Moçambique, Limitada, on behalf of its Area 4 partners, (ENH, CNPC, ENI, KOGAS and XRG), to deliver subsea production systems for the first phase of the offshore Rovuma LNG project in Mozambique. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260916187961/en/ SLB OneSubsea™ joint venture has been awarded a contract by ExxonMobil Moçambique, Limitada, on behalf of its Area 4 partners, (ENH, CNPC, ENI, KOGAS and XRG), to deliver subsea production systems for the first phase of the offshore Rovuma LNG project in Mozambique. The contract scope includes the delivery of subsea trees, manifolds, umbilicals and associated control systems designed to support efficient production from the
Terra Quantum and Empa Develop AI Model That Brings Real-Time Prediction to Laser Welding Process Control29.9.2026 13:00:00 CEST | Press release
LP-FNO delivers full 3D melt-pool simulation up to 100,000 times faster than conventional multiphysics methods, enabling industrial digital twins and in-process optimization Terra Quantum, a global leader in quantum technologies, and Empa, the Swiss Federal Laboratories for Materials Science and Technology, announced LP-FNO (Laser Processing Fourier Neural Operator), an artificial intelligence surrogate model that predicts full three-dimensional melt-pool dynamics in laser welding up to 100,000 faster than traditional multiphysics simulation. Removing the computational bottleneck that has long blocked real-time process control and digital twin deployment in industrial laser processing. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260929856203/en/ The Simulation Bottleneck in Laser Welding Laser welding is a precision manufacturing process used across aerospace, medical device, and automotive production, where control of th
Promega Launches Paradyme™ 27GY STR System, Minimizing Stutter Artifacts in Forensic DNA Analysis29.9.2026 13:00:00 CEST | Press release
Reduced-Stutter Polymerase technology delivers clearer electropherograms for faster and more accurate mixture analysis Promega Corporation has launched Paradyme™ 27GY STR System, the first commercially available short tandem repeat (STR) analysis kit to include the company’s Reduced-Stutter Polymerase (RSP). This novel enzyme, engineered by Promega, significantly reduces the most common type of confounding artifact in forensic DNA analysis. The result is an 8-fold reduction in stutter signal intensity, producing clearer electropherograms, improving confidence in number-of-contributors (NoC) determination, and enhancing detection of minor contributors in mixed samples. Ultimately, this leads to faster mixture interpretation with higher confidence and the ability to interpret more complex mixtures, helping labs solve more cases and reduce backlogs. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260918993802/en/ “This is the fi
Opensignal Crowns the World's Best 5G Networks29.9.2026 10:18:00 CEST | Press release
Annual Global 5G Awards Name Worldwide Winners, Leaders, And Rising Stars from Billions of Real-World User Experiences Opensignal, a global independent consumer connectivity analytics and insights company, today announced its annual Opensignal 5G Global Mobile Network Experience Awards, recognizing the providers delivering the best real-world 5G experiences across their national mobile networks. The awards assess billions of real-world user experiences across Download Speed, Video, Games, Voice App, Reliability, Coverage Experience, and — new for 2026 — Time on 5G, collected between Jan. 1 and June 29, 2026. "The consumer connectivity experience is at the core of everything we do at Opensignal. As the role of 5G in modern life grows, the bar for what great 5G looks like keeps rising," said Shawn Heidel, President, Network Experience at Opensignal. "The best operators in the world are defined by how well they deliver on that challenge, and this year's Global 5G Award winners set the sta
ClickHouse Expands Collaboration With Microsoft, Bringing Fabric Integration, Deeper OneLake Interoperability, and Enterprise Deployment Flexibility29.9.2026 09:30:00 CEST | Press release
ClickHouse, the company behind the open-source, real-time analytical database that has become the data layer for the AI era, today at The European Microsoft Fabric + SQL Community Conference announced a significant expansion of its strategic collaboration with Microsoft. The announcement encompasses four major milestones: the launch of the native ClickHouse workload for Microsoft Fabric, the general availability of OneLake read, the public preview of OneLake write, and the availability of ClickHouse Bring Your Own Cloud (BYOC) in the Microsoft Marketplace. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260929947201/en/ ClickHouse expands collaboration with Microsoft This expansion builds on ClickHouse's growing presence within the Microsoft ecosystem, where data-intensive organizations rely on ClickHouse Cloud on Azure to power real-time observability, business intelligence, AI/ML pipelines, and analytical applications at sc
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom