Characterizing biomaterials as a single category, while it may be helpful for internal understanding, can lead to confusion when trying to work with multiple material innovators.
Biomaterials are created using many different technologies.
They range from relatively straightforward methods that deploy known chemistries and materials science, through to entirely de-novo processes that may include the design of a living organism using synthetic biology, or even engineering animal tissue in the lab. Therefore, technical complexity and cost are proportional to time to market.
Along with the process, biomaterial technologies use widely varying feedstocks.
Feedstocks vary from abundant, free or cheap sources such as food and agricultural waste, through to first generation feedstocks such as sugar.
There is no ‘cookie-cutter’ shape for a biomaterials company. The vast majority of new biomaterials are quite simple in terms of inputs and processes. These are the ones that mix a waste stream, often from food, agriculture, or industrial processes, with a binder; most frequently in the form of a biobased PU, natural rubber or biopolyol. The core technology requires basic materials science which can then drop into existing infrastructure to scale, such as coated textile roll-to-roll production for an alternative to leather.
In most cases, this does not need a huge team of PhDs, bespoke facilities, or significant capital. It is the shortest route to market e.g. 2-5 years.
Compare this to a biotech company producing a complex protein via fermentation to make a yarn. Here the latest tools of biotechnology are employed to design and engineer a living organism by editing the code of life itself: DNA. In this scenario, it may look like multiple companies in one. Various scientific teams may work in cell engineering, downstream processing, materials science, fiber spinning and yarn production.
Unlike the first example, this will likely require a large team of PhDs, bespoke facilities, and significant capital. It is a longer route to market e.g. 10-20 years.
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