Also making fibers for fashion, furnishings, cars and more

AlgiKnit, a North Carolina-based company, is creating design and manufacturing materials from kelp and investors are jumping aboard.
SeafoodSource News reports the company will use the funding to expedite the scaling of its production, which the company said has the ability to lower the textile industry’s environmental impact.
The textile industry is responsible for as much as 8 percent of the world’s CO2 emissions – in addition to being massively polluting and water-intensive, according to an investment spokesperson.
