Bolt Threads news and archive

Bolt Threads to go public with 346 million dollar deal

Biomaterials manufacturer Bolt Threads has announced that it has secured an agreement for a business combination with Golden Arrow Merger Corp that would see the company go public. The combined company is set to be named “Bolt Projects Holdings” and is further expected to remain listed on Nasdaq but under a new ticker symbol, ‘BSLK’. Bolt...

Fashion |Opinion Featured

When change slows down

US-based Bolt Threads, which is developing vegan mushroom leather Mylo, is pressing pause due to lack of funding. Do we prefer to invest in AI because it is sexier than innovative materials? When US startup Bolt Threads launched bio-based material Mylo in 2018, the material was hailed as one of the most sustainable alternatives to animal...

Business

Bolt Threads reportedly pulls plug on Stella McCartney-backed Mylo

American firm Bolt Threads is understood to have halted the production of its mycelium-based leather alternative Mylo, a material that has been used by the likes of Stella McCartney, Adidas and Kering. The production was paused after the company was unable to secure financing in order to scale up, Bolt Threads chief executive Dan Widmaier told...

Fashion Featured

Ganni unveils three new ‘Fabrics of the Future’

Danish fashion brand Ganni is introducing three new fabric innovations as part of its ‘Fabrics of the Future’ initiative to its collections to assist its ambitions of a 50 percent absolute carbon reduction by 2027. The three new sustainable and innovative fabrics are Mylo, Stem and Circulose, which will feature in limited-edition releases aimed...

Fashion Featured

Stella McCartney to launch first commercial luxury bag crafted from mycelium

British fashion brand Stella McCartney is to launch the world’s first-ever luxury bag crafted from mycelium, the root-like structure of fungi at a commercial level this summer. The Stella McCartney ‘Frayme Mylo’ will be available from July 1 and marks a milestone for the British conscious brand and a significant progression in vegan material...

Fashion

Lululemon to add Mylo yoga accessories

Lululemon has unveiled the world’s first yoga accessories made from Mylo material as part of its ongoing commitment to sustainability and the use of innovative materials. The yoga collection features a concept yoga mat and two soon-to-be-purchasable bags, made entirely from Mylo, a vegan, sustainable, animal-free leather alternative made from...

Fashion Featured

Fashion's green future of seaweed coats and mushroom shoes

Paris - From making algae-sequin dresses, dyeing clothes with bacteria to planting trackable pigments in cotton, an emerging tide of technological innovations offers the fashion industry a chance to clean up its woeful environmental record. Change is urgently needed, since the industry consumes 93 billion cubic metres of water per year, dumps...

Fashion Featured

Stella McCartney unveils first garments made from Mylo, a fungi-based fabric

British fashion designer Stella McCartney has unveiled the first-ever garments made with Mylo, a vegan, sustainable, animal-free leather alternative made from mycelium, the infinitely renewable underground root system of fungi, developed by California-based Bolt Threads. McCartney has used Bolt Threads’ trademarked Mylo fabric for two garments,...

Retail

Bolt Threads announces exclusive partnerships to introduce Mylo

Adidas, Kering, Lululemon and Stella McCartney have united with Bolt Threads to usher in a more sustainable future for fashion. The consortium is the largest joint development in consumer biomaterials to date. Bolt Threads is on a mission to harness the underground structure of mushrooms as it is an infinitely renewable resource. The material,...