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November 9, 2017 08:13 pm GMT

Bolt Threads is raising $106 million from Foundation Capital and Formation 8

Our spidey senses are tingling over here. According to an SEC filing, TechCrunch has learned Bolt Threads, the biotech company spinning microbes into spider silk, is raising a whopping $106 million in Series D financing. Bolt Threads has been on a meteoric rise since it first told TC about its ambitious endeavor to make spider silk, a material stronger than teflon but softer than a cloud. Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2YZDUjCHeYU/

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