What Happened
US Startup Secures Funding For Sustainable Materials
US startup Trillium Renewable Chemicals has secured $13 million in funding to scale up its technology for producing acrylonitrile, a key chemical in carbon fiber production, from plant-based feedstock. The Series B fundraising was led by South Korean materials company HS Hyosung. This investment could pave the way for more sustainable materials in the aerospace industry. The development was reported by Aviation Week.