Out of 301 applications, spanning 49 countries, Spintex has been recognized as one of the ten companies in the running for the $100,000 prize, which will help the winning company accelerate their path to commercial success. The Biomimicry Institute’s expert selection committee will decide which nature-inspired startup will take home the prize on June 15 at Circularity in the summer of 2021.
CEO, Alex Greenhalgh says “Becoming a finalist in this amazing competition is so validating for all the hard work that everyone at Spintex has brought in each and every day. At Spintex we believe that biomimicry offers a totally new paradigm for technology development for a cleaner, greener and more sustainable future for all of humanity.”
CSO, Dr. Martin Frydrych added “We are extremely grateful to be nominated by the Biomimicry Institute as a finalist for the Ray of Hope Prize. Winning the final prize would be a fantastic help in accelerating the commercialisation of our innovative and spider-inspired fibres, but more importantly, it helps in demonstrating that the unique strategies found in nature can be used to solve environmental and sustainability challenges.”
For more information about the Biomimicry Institute and Ray of Hope Prize, visit biomimicry.org.