PACT Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 41

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $26.8M

  • Investors
  • 14

PACT General Information

Description

Manufacturer of leather-like bio-based material intended to reduce the environmental impact of traditional raw materials. The company transforms collagen and natural ingredients into bio-based materials intended to reduce the environmental impact of traditional raw materials used in fashion, footwear, upholstery, interior, and automobile industries, enabling industries to create highly tailored collagen-based biomaterials in an environmentally friendly and ethical manner.

Contact Information

Website
www.pact.earth
Formerly Known As
Hide Biotech
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Unit 18 -21 Evolution Business Park
  • Milton Road, Impington
  • Cambridge CB24 9NG
  • England, United Kingdom
Primary Industry
Other Materials
Vertical(s)
Manufacturing
Corporate Office
  • Unit 18 -21 Evolution Business Park
  • Milton Road, Impington
  • Cambridge CB24 9NG
  • England, United Kingdom

PACT Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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PACT Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC (Series A) 30-Oct-2025 $26.8M Completed Generating Revenue
7. Seed Round 26-Sep-2024 Completed Generating Revenue
6. Accelerator/Incubator 19-Jan-2024 Completed Generating Revenue
5. Seed Round 14-Dec-2022 Completed Generating Revenue
4. Seed Round 03-Nov-2021 Completed Generating Revenue
3. Accelerator/Incubator 01-Jan-2019 Completed Startup
2. Grant $2K Completed Startup
1. Accelerator/Incubator Completed Startup
To view PACT’s complete valuation and funding history, request access »

PACT Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A
Seed Preference 2
Seed Preference 239,828 $0.000134 $5.17 $5.17 1x $5.17 9.03%
Ordinary 7,117 $0.000134 $5.17 $5.17 1x $5.17 0.27%
To view PACT’s complete cap table history, request access »

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PACT Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of leather-like bio-based material intended to reduce the environmental impact of traditional raw materials
Other Materials
Cambridge, United Kingdom
41 As of 2025

Peoria, IL
 

Nutley, NJ
 
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PACT Competitors (5)

One of PACT’s 5 competitors is NFW, a Venture Capital-Backed company based in Peoria, IL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
NFW Venture Capital-Backed Peoria, IL
Modern Meadow Venture Capital-Backed Nutley, NJ
MycoWorks Private Equity-Backed Emeryville, CA
Bolt Projects Holdings Formerly VC-backed Emeryville, CA
Evocative Private Equity-Backed La Palma, CA
You’re viewing 5 of 5 competitors. Get the full list »

PACT Patents

  • 15

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 10

    Pending

  • Expiring in next 12 mo

PACT Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2024359406-A1 Multi-component biomaterial Pending 11-Oct-2023
EP-4791815-A1 Multi-component biomaterial Pending 11-Oct-2023
WO-2025078411-A1 Multi-component biomaterial Inactive 11-Oct-2023
AU-2023252020-A1 Multi-component biomaterial Pending 13-Apr-2022
EP-4508142-A1 Multi-component biomaterial Pending 13-Apr-2022 C08L89/06
To view PACT’s complete patent history, request access »

PACT Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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PACT Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds
Forbion Venture Capital Minority
HV Venture Capital Minority
Celsius Holdings Corporation Minority
Polytechnique Ventures Venture Capital Minority
UL Invest Venture Capital Minority
You’re viewing 5 of 14 investors. Get the full list »

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PACT FAQs

  • When was PACT founded?

    PACT was founded in 2019.

  • Where is PACT headquartered?

    PACT is headquartered in Cambridge, United Kingdom.

  • What is the size of PACT?

    PACT has 41 total employees.

  • What industry is PACT in?

    PACT’s primary industry is Other Materials.

  • Is PACT a private or public company?

    PACT is a Private company.

  • What is the current valuation of PACT?

    The current valuation of PACT is .

  • What is PACT’s current revenue?

    The current revenue for PACT is .

  • How much funding has PACT raised over time?

    PACT has raised $46.7M.

  • Who are PACT’s investors?

    Forbion, HV, Celsius Holdings, Polytechnique Ventures, and UL Invest are 5 of 14 investors who have invested in PACT.

  • Who are PACT’s competitors?

    NFW, Modern Meadow, MycoWorks, Bolt Projects Holdings, and Evocative are competitors of PACT.

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