Pili is the leader in the production of biotech dyes.

pili.bio
Entrepreneurs
Jérémie Blache
Guillaume Boissonnat
Marie-Sarah Adenis
Elaia Team

Florian Denis

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Pili, a French biotech and green chemistry company, raises $15.8M to accelerate its industrial scale-up and the decarbonization of the color industry

PILI, a pioneer in decarbonizing the color industry, announced today $15.8 million in Series A funding to accelerate its industrialization by producing the first tons of high-performance bio-based indigo. Bpifrance led this round through the fund Ecotechnologies 2, with participation from Famille C Participations and existing investors, such as Elaia Partners.

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Groundbreaking PILI, leader in the production of biotech dyes, secures additional $4million to accelerate the development of its products.

One year after its last funding round, biotech dye producer PILI has generated significant technological advances which lead to the closing of a new round of €3.6 million ($4M) to accelerate the development of its product portfolio. This package includes an equity funding from the VC Elaia via its PSL Innovation Fund, private investors, business angels and existing investor SOSV. BPI France and the French State are also contributing to the financing of the company’s first high- performance biotech dyes.

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