Asics Ventures Corporation, an investment subsidiary of Japanese sporting goods giant Asics, has taken a stake in Israeli startup Seevix Material Sciences Ltd, which develops and manufactures synthetic spider silk.
Founded in 2014 following more than a decade of academic research at the Hebrew University of Jerusalem, Seevix manufactures its patented man-made spider silk, SVX, through biomimicry in a controlled fermenter-based process.
Go deeper with GlobalData
According to the firm, SVX is a bio protein functional silk, with sustainability characteristics possessing the fibre’s natural properties, to create thinner, lighter and tougher products on a commercial scale.
Asics says its Institute of Sport Science will work in collaboration with Seevix to develop sporting goods utilising SVX spider silk.
The move comes after Asics Ventures’ 2018 investment in AI Silk Corporation, a venture company affiliated with Tohoku University that develops conductive textiles.
See Also:
Asics says it continues to introduce advanced technologies into its products to improve both sustainability and functionality and has shifted to sustainable materials, including those deriving from biotechnology, by collaborating with external partners.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
