Faircraft
- Company typePrivate
- Founded2021
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
Faircraft firmographics
Firmographics- Name
- Faircraft
- Legal name
- Faircraft
- Website
- https://faircraft.bio
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Faircraft industry classification
Industry- Product category
- Lab-Grown Leather / Cultivated Biomaterials
- NAICS
- Leather and Allied Product Manufacturing (316), Other Leather and Allied Product Manufacturing (3169)
- SIC
- Leather & Leather Products (3100)
- akta.pro primary industry
- Luxury & Designer Leather Goods Manufacturing (IMAOAHAG)
- akta.pro secondary industries
- Wallets, Small Leather Goods & Accessories Manufacturing (IMAOAHAB), Leather Travel Goods & Luggage (CRAKAEAC)
Keywords
Where Faircraft is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
Faircraft business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure
Revenue model
- Lab-Grown Leather Material Sales: Faircraft produces and sells lab-grown leather material to luxury fashion brands. The company aims to achieve price parity with traditional leather (approximately $9 per square foot for handbag-quality cowhide) to enable broader commercial adoption.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Lab-grown leather material for luxury fashion brands |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
Faircraft product offering
Product offeringCore offering
Faircraft develops and produces lab-grown genuine leather using proprietary cellular agriculture and tissue engineering techniques adapted from pharmaceutical research. The company sells cultivated leather material variants (FCL_001 through FCL_006) directly to luxury fashion brands, enabling them to source sustainable, animal-free leather for handbags, accessories, and high-end fashion items with customizable touch, feel, and transformability.
Product overview
Faircraft is a materials science company developing lab-grown leather using proprietary tissue engineering and cellular agriculture techniques. The company produces genuine leather without the animal, creating a sustainable alternative to traditional leather. Their product portfolio includes material samples designated FCL_001 through FCL_006, representing different variants of cultivated leather with varying properties and aesthetics. The company collaborates with luxury fashion brands and master tanners to deliver handbag-quality leather materials.
Differentiator
Problem solved
Functional benefit
Products and services
- FCL_001 Lab-grown leather material sample developed using cellular agriculture techniques, part of Faircraft's cultivated leather product line for luxury fashion brands.
- FCL_002 Lab-grown leather material sample developed using cellular agriculture techniques, part of Faircraft's cultivated leather product line for luxury fashion brands.
- FCL_003 Lab-grown leather material sample developed using cellular agriculture techniques, part of Faircraft's cultivated leather product line for luxury fashion brands.
- FCL_004 Lab-grown leather material sample developed using cellular agriculture techniques, part of Faircraft's cultivated leather product line for luxury fashion brands.
- FCL_005 Lab-grown leather material sample developed using cellular agriculture techniques, part of Faircraft's cultivated leather product line for luxury fashion brands.
- FCL_006 Lab-grown leather material sample developed using cellular agriculture techniques, part of Faircraft's cultivated leather product line for luxury fashion brands.
Quantifiable outcome
- 90% fewer CO2 emissions compared to traditional leather production
- +2 more outcomes
Companies that use Faircraft
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles1 record
Faircraft technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Faircraft partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- VitroLabscoreFaircraft acquired the assets of American competitor VitroLabs including 35 patents and strategic integration. The acquisition aims to strengthen technological portfolio, expand US market reach, and accelerate industrialization of lab-grown leather with production unit planned by 2027.
- Master TannerscoreCollaboration with master tanners ensures luxury-quality output and traditional tanning expertise applied to lab-grown leather materials.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Faircraft competitors and assessment
Company assessmentDirect peers
- Modern Meadow: US-based biotech company that developed Bio-Alloy and was an early pioneer in lab-grown and bio-based leather alternatives. Direct comparable in cellular agriculture approach to material science for fashion and luxury applications.
Emerging players
- MycoWorks: US-based biotechnology company producing Reishi, a mycelium-grown leather alternative, with partnerships including Hermès and Ligne Roset. Comparable as a next-gen luxury leather material supplier targeting the same fashion and accessories customer base via a different biotech pathway.
- Bolt Threads: US biotech company that developed Mylo, a mycelium-based leather alternative, with early partnerships including Stella McCartney and Adidas. Comparable as a biotech-based leather substitute targeting fashion and luxury brands, though using fungal mycelium rather than cellular agriculture.
- Spiber: Japanese biotech firm producing Brewed Protein, a fermentation-derived protein fiber for apparel and luxury materials. Comparable as a biotech-based next-gen material supplier with luxury brand partnerships (e.g., Goldwin) and similar sustainability-driven value proposition.
- Ananas Anam: Producer of Piñatex, a pineapple-leaf-fiber leather alternative used by Hugo Boss, H&M, and other brands. Comparable as a plant-based leather alternative serving the sustainable fashion market, though using agricultural waste rather than cellular agriculture.
- Geltor: US biotech company producing animal-free proteins (collagen, elastin) via precision fermentation for cosmetics and materials. Comparable as a cellular/fermentation-based animal-alternative biotech targeting fashion-adjacent markets with similar IP and bioprocess capabilities.
- Ecovative Design: US mycelium technology company producing Forager leather from mushroom roots for fashion and packaging. Comparable as a bio-fabricated leather alternative serving luxury and fashion brands with sustainability-driven materials.
- Beyond Leather Materials: Denmark-based startup producing LEAP, an apple-pulp and plant-based leather alternative. Comparable as a next-generation sustainable leather substitute targeting fashion brands, though using plant biomass rather than cellular cultivation.
- Polybion: Mexico-based biotech producing Celium, a microbial cellulose leather alternative. Comparable as a biotech-fabricated next-gen leather material supplier with similar sustainability narrative and apparel/luxury customer base.
Broad incumbents
- Prada Group: Italian luxury conglomerate that acquired tannery Church's and has invested in next-gen leather initiatives. Comparable as a luxury incumbent that both consumes leather materials and is actively exploring sustainable leather alternatives through investments and partnerships.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Faircraft financial estimates
Financial estimateRevenue estimate
Valuation estimate
Faircraft leadership team
Management profileNumber of profiles
Profiles2 records
Faircraft funding detail
Funding detailFunding overview
Funding rounds3 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Faircraft M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Faircraft
What does Faircraft do?
Faircraft develops and produces lab-grown genuine leather using proprietary cellular agriculture and tissue engineering techniques adapted from pharmaceutical research. The company sells cultivated leather material variants (FCL_001 through FCL_006) directly to luxury fashion brands, enabling them to source sustainable, animal-free leather for handbags, accessories, and high-end fashion items with customizable touch, feel, and transformability.
Is Faircraft a public or private company?
Faircraft is a private company. It is classified as venture growth investor backed and is currently operating.
When was Faircraft founded?
Faircraft was founded in 2021. It employs 11 to 50 people.
Where is Faircraft based?
Faircraft is headquartered in Paris, France, in the Europe region.
How does Faircraft make money?
One revenue line is on record: lab-Grown Leather Material Sales.
Who are Faircraft's main competitors?
Modern Meadow is listed as a direct peer. Emerging players are MycoWorks, Bolt Threads, Spiber, Ananas Anam, Geltor, Ecovative Design, Beyond Leather Materials and Polybion. Prada Group is listed as a broad incumbent.
Does Faircraft have an API?
No public API is recorded for Faircraft.
What industry is Faircraft in?
Faircraft's product category is Lab-Grown Leather / Cultivated Biomaterials. Its primary akta.pro industry code is IMAOAHAG, Luxury & Designer Leather Goods Manufacturing, with a secondary code of IMAOAHAB, Wallets, Small Leather Goods & Accessories Manufacturing. Its NAICS code is 316 and its SIC code is 3100.