Exclusive: CapitalT leads pre-seed bet on startup that grows wood – without trees
4 Jun 2026
06:00
A Dutch startup has raised its first major equity round to grow premium timber from tree stem cells in bioreactors – no logging, no sawing, no planting.
The company is targeting luxury wood markets first, with ambitions to reshape how the world sources one of its oldest materials.
"As far as we can see, cultured wood is the only way forward," co-founder and CEO Tom Clement tells Impact Loop.
The company is targeting luxury wood markets first, with ambitions to reshape how the world sources one of its oldest materials.
"As far as we can see, cultured wood is the only way forward," co-founder and CEO Tom Clement tells Impact Loop.
New Dawn Bio has closed a €2.1m pre-seed round led by Dutch founder-led fund CapitalT.
Norrsken Evolve and Dutch holding company Ontdekkers Group also joined the round, as did a number of angel investors including Cradle co-founder Jelle Prins.