Halifax advanced materials startup 3D BioFibR has borrowed $200,000 from the Atlantic Canada Opportunities Agency to fund improvements to its process automation.
The company has developed technology for manufacturing biofibres — naturally occurring fibres with commercial applications, such as spider silk and collagen — and CEO Kevin Sullivan said in an interview that he hopes to be generating revenue by the end of the year.
“The interest level has been high,” said Sullivan. “We've got multiple companies expressing interest in the product and the platform. And so I think we're going to be