March 13, 2017
Bolt Threads Brings a Glimpse of the Future of Advanced Materials to SXSW
Emeryville, Calif. – March 10, 2017 – Bolt Threads, a Bay Area-based biotechnology company creating the next generation of advanced materials, today unveiled the company’s first step towards commercial apparel production. At SXSW, the company will release a limited edition knit necktie made of 100 percent Boltspun spider silk—the first spider silk product ever available for purchase.
“We wanted to demonstrate the reality of a completely new way of manufacturing textiles, one that has nearly unlimited potential for innovation and also produces a sustainable product,” said Dan Widmaier, CEO at Bolt Threads. “Over the past seven years, a team of dozens of scientists, engineers, technicians, and designers has worked tirelessly to get us to this milestone. We’re proud and excited about this achievement and what it means for the future of textile production. Bolt’s first product is a precursor of what’s to come.”
Bolt Threads is releasing 50 limited edition synthetic spider silk neckties, which will be made available to the public to purchase on March 11. Ties will be sold on the company’s website via a lottery, which opens on March 11 and closes on March 14. Winners of the lottery will be able to purchase a Boltspun silk tie and own a piece of history.
Co-founded in 2009 by CEO Dan Widmaier, Chief Scientific Officer David Breslauer, and Vice President of Operations Ethan Mirsky, Bolt Threads was born out of a curiosity about natural spider silk and the idea of engineering novel protein materials. Through its proprietary technology, the company has developed a way to closely mimic silk created in nature for mass commercial production, pioneering more sustainable and non-toxic processes for textile manufacturing.
Following its launch from stealth in 2015, Bolt Threads has continued to pique the interest of investors and partners alike. Last year, the company announced a $50 million round in Series C funding, along with a partnership with outdoor retailer Patagonia.
For more information on Widmaier’s SXSW panel and details on the drawing during the panel, please follow the conversation on Bolt Threads’ social channels on Twitter, Instagram, as well as the Bolt Threads blog, The Spool. For more information about the Boltspun tie, and to access images from the lookbook please go to ties.boltthreads.com.
About Bolt Threads
The material world is about to get a whole new material. Bolt Threads is creating the next generation of performance fibers and fabrics using proprietary breakthroughs in industrial biotechnology. Working at the molecular level, Bolt Threads will transform the textiles market, turning renewable raw materials into products with outstanding properties that meet specific consumer needs.