A Brooklyn-based startup called Modern Meadow has raised $40 million to become a top source of leather for the world’s makers of fashion and accessories, luggage, sporting goods, upholstery and furniture. Rather than raising animals to slaughter them and take the skin off their backs in a physically and chemically intensive process, Modern Meadow “biofabricates” its leather in labs and foundries.
Modern Meadow raises $40 million to grow leather without livestock