AMSilk Closes $7+ Million US Series B Financing Round

Mar 17, 2011

Latest funding round will secure AMSilk’s advancement and commercialization efforts for its first spider silk-based products.

AMSilk is a privately-held company specializing in the development and production of high performance materials based on spider silk. SPIDERSILK has unique properties such as mechanical toughness, chemical resistance and biocompatibility - while being completely biodegradable. AMSilk is able to produce SPIDERSILK in large scale and produce coatings, beads, films, nonwovens, and fibers used to improve existing or to develop completely new products. AMSilk is currently developing a SPIDERSILK coating for certain implants to improve biocompatibility and reduce fibrosis.

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