05 Apr 2023 --- AMSilk has secured an additional €25 million (US$27.4 million) in series C funding round led by existing investor Athos (AT Newtec) with participation from Novo Holdings, Cargill and MIG Capital. Proceeds from the financing totaling €54 million (US$59.1 million) will enable AMSilk to accelerate the scale-up of its industrialization and commercialization projects worldwide.