U.k., July 29 -- Geltor is a San Leandro, California-based "biodesign" company, making animal-free proteins for consumer products.
Examples are the collagen and elastin found in beauty, food and beverage products, with more ethically-minded consumers increasingly clamouring for more sustainable solutions and companies keen to market their efforts to move away from animal ingredients.
Geltor describes its offering as an ingredients-as-a-service platform, which uses fermentation technology to produce required ingredients for customers.
Geltor said global demand for collagen has risen by 25% in the past year, and that is has duly scaled its platform up by 100 times.
Since its foundation in 2015, the startup has raised over $114mn across si...