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Cambridge biomaterials startup PACT secures £16M in Series A funding led by Forbion and HV Capital to scale its collagen-based leather alternative.

PRIVATEOct 31, 2025

Amount Raised

£16 Million

Round Type

Series A

CambridgeBiotechnologyFashion

Investors

ForbionHV Capital

Description

PACT, a startup focused on sustainable biomaterials, has raised £16 million in a Series A funding round. The investment, led by Forbion and HV Capital, supports the launch of a new production line at the company's Cambridge headquarters. This will enable PACT to expand its collagen-based leather alternative into various sectors including footwear and automotive. The company's mission combines innovation and design excellence for environmentally friendly luxury materials.

Quick answer

PACT raised £16 Million in a Series A round, dated October 31, 2025. Investors: Forbion and HV Capital. PACT is based in Cambridge, England, United Kingdom.

How much did PACT raise?
PACT raised £16 Million in a Series A round on October 31, 2025.
Who invested in PACT?
Forbion and HV Capital are named as investors in this round.
What does PACT do?
PACT designs elegant biomaterials made in harmony with the planet Earth.
Where is PACT based and how big is it?
PACT is based in Cambridge, England, United Kingdom. Fundz records about 41 employees.
Who are the decision-makers at PACT?
Fundz holds 1 contact at PACT. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Fashion and Biotechnology around the same time

Companies in the same sectors as PACT that raised within 45 days of this round, from Fundz verified event records.

  • Qorium raised $25M (Series A) on November 11, 2025.
  • Amferia raised $4.1M (Funding Round) on December 15, 2025.
  • IVFmicro raised $4.7M (Pre-Seed) on December 15, 2025.
  • IPF raised $375K (Seed) on December 15, 2025.
  • Rotoris raised $3M (Seed) on December 15, 2025.
  • DigeHealth raised $1.3M (Seed) on December 15, 2025.

Who to call at PACT, and when

A new round usually means PACT is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

PACT

Location

Cambridge, England, United Kingdom

About

PACT designs elegant biomaterials made in harmony with the planet Earth. We’re committed to helping the world’s most innovative companies dream without boundaries. Our products are created with efficiency and kindness from the Earth’s abundant resources—beginning with an advanced material: Oval. Inspired by generations of leather artisans and master craftspeople, Oval is a supple material made from collagen. It offers designers unparalleled flexibility while minimising environmental footprint across the entire production process. Oval is the first biomaterial of its kind—created from natural collagen and enriched with oils and free of harsh chemicals.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

PACT raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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