Qorium Lands Additional Funds From Brightlands Venture Partners and Sofinnova Partners, as the Company Sets out on an Ambitious Growth Drive for Sustainable Leather, With the Appointment of CEO Michael Newton

Qorium, a leading cell-cultured leather company based in the Netherlands, has secured additional funding from Brightlands Venture Partners and Sofinnova Partners to support its ambitious growth plans for sustainable leather production. The investment represents a strong vote of confidence in the company's future and its innovative approach to creating high-quality, lab-grown leather.

In addition to the funding, Qorium has appointed Michael Newton, a former senior executive at Nike, as its Chief Executive Officer. Newton joins a distinguished leadership team that includes cell-cultured meat pioneer Mark Post as Chief Scientific Officer. With these key additions, Qorium is well-positioned to drive forward its mission of transforming the leather industry through cutting-edge science and sustainable practices. The company's progress and potential for industry disruption have also garnered the support and excitement of investors like Sofinnova Partners and Brightlands Venture Partners.