AlgiKnit – a New York-based start-up that creates eco-friendly yarns from kelp – has opened an innovation hub in the Research Triangle area of North Carolina, USA.
The company has been innovating its yarn manufacturing to commercialise the same for the use in footwear, accessories and apparel products.
It’s worth recalling here that AlgiKnit had raised US $ 2.40 million in March 2021 from investors and the investment was aimed at furthering the commercialisation of AlgiKnit’s kelp-derived yarns.
“We know consumers need more cost-competitive, environmentally sound materials options that perform as well as conventional materials… The yarn we’re producing today has the look and feel of the natural fibres consumers are familiar with plus all the makings of a no-compromise-conscious material,” commented Aaron Nesser, Co-founder and CTO of AlgiKnit.
AlgiKnit’s new innovation hub will comprise the company’s R&D, manufacturing and business development teams.
North Carolina’s Research Triangle area is becoming a hub for big tech and life sciences, and AlgiKnit reports to look forward to collaborating with other companies focused on scientific innovation and disruption.
“We’re also excited for the opportunity to tap into the deep and diverse pool of talent and knowledge in the area to strengthen our scientific and engineering divisions,” mentioned Aleksandra Gosiewski, Co-founder and COO of AlgiKnit.
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