Lite-1

Lite-1

Transforming the dye industry from one of the most polluting industries to a clean, healthy industry.

Founded 2021 Canada

Canada 8 employees Grant Total: $30.00K Biotechnology, Sustainability

Lite-1 is a Canadian startup that aims to revolutionize the dye industry, which is known as one of the most polluting sectors, into a clean and sustainable one. Using biotechnology and sustainability as its core focus, the company partners with nature to produce the building blocks for eco-friendly and high-performance colors. Through leveraging microorganisms as the factories of the future, Lite-1 operates within a closed circular system to cultivate the next generation of sustainable and high-performance dyes. This innovative approach not only mitigates environmental harm but also brings about a healthier industry. In 2021, the company was founded with a vision to disrupt the long-standing practices in the dye sector. The recent $30.00K grant investment from Invest Nova Scotia Accelerate in April 2023 underscores the promising potential of Lite-1. With its unique biotech platform, the company offers industry players the opportunity to prototype different variations of microbial dyes tailored to their specific needs. Lite-1's commitment to sustainability and its potential to transform a highly impactful industry position it as an intriguing investment prospect in the sustainable technology segment.

Funding Stage	Amount	Investors	Lead Investors	Date
Grant Lite	$30.00K	-		19 Apr 2023

Funding Stage

Amount

Investors

Lead Investors

Date

Grant Lite

$30.00K

19 Apr 2023

FAQ About Lite-1

Transforming the dye industry from one of the most polluting industries to a clean, healthy industry.

Lite-1 was founded in 2021.

Lite-1 is headquartered in Canada.

Lite-1 operates in Biotechnology and Sustainability. Its work centres on dye industry, biotech, microorganisms and sustainable dyes.

Lite-1 has approximately 8 employees.

Lite-1 has completed 1 funding round, raising a total of $30.00K. The latest funding stage is Grant.

Top alternatives and competitors to Lite-1 include Foamplant, Bioeutectics, Shellworks, Relicta - Innovation of Packaging, Mycocycle, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Lite-1 and Foamplant are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

General Information

Discover More

About Lite-1

Funding Rounds & Investors (1)

Lite-1 Alternatives & Competitors

FAQ About Lite-1