The Biotech Startups Podcast

🧬Reinventing Leather: How SynBio Is Transforming a $100B Industry | Michael Newton (Part 4/4)


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"We're not making a more sustainable leather. Yes, we do that. What we're making is a better leather. It's real leather, but it comes completely uniform in rectangular sheets that you can then work with super efficiently."
In this episode of The Biotech Startups Podcast, Qorium CEO Michael Newton reveals how his mission-driven team is reinventing leather through synthetic biology and tissue engineering, producing uniform, high-quality material. 
He draws on his Nike experience to discuss the realities of scaling deeptech, overcoming fundraising and market-entry challenges, forging key partnerships, and stresses the value of mentorship and bold early-career risks.
Key topics covered:
  • Disrupting the Leather Industry: Using synthetic biology for scalable, high-quality, sustainable leather
  • Scaling Deeptech Innovation: Overcoming engineering and manufacturing hurdles from lab to factory
  • Navigating Fundraising Challenges: Securing Series A for bold biotech in a tough market
  • Team Building & Culture: Building resilient teams through values and clear mission
  • Advice & Reflections: Lessons in mentorship, growth, and the power of risk-taking

If you enjoy The Biotech Startups Podcast, please consider subscribing, leaving a review, or sharing it with your friends. Thanks for listening.
Subscribe to the Podcast:Apple: https://podcasts.apple.com/us/podcast/the-biotech-startups-podcast/id1679591994Spotify: https://open.spotify.com/show/2PSL162R2s0zOwU5913Zv4Youtube: https://www.youtube.com/@thebiotechstartupspodcast Website: https://www.thebiotechstartupspodcast.com/ 
Find our guest, Michael Newton, at these links: LinkedIn: https://www.linkedin.com/in/michaelanewton/Website: http://www.qorium.com/ Find our host, Jon Chee, at these links: LinkedIn: https://www.linkedin.com/in/jonchee
Learn more about Excedr:LinkedIn: https://www.linkedin.com/company/excedr/ Website: https://www.excedr.com
Intro & Outro Songs Created by OkKyojin, Owned by Excedr:Website: https://flow.page/kyojin 
Resources & Articles:Make Trouble by Cecile Richards: https://www.goodreads.com/book/show/35721620-make-troubleThe “Acquired” Podcast: https://www.acquired.fm/episodes/googleInsights and leadership from Jensen Huang: https://www.mba.ust.hk/mba-programs/mba-pulse/leadership-lessons-jensen-huang-insights-next-generation-leadersCRISPR Screening and Tissue Engineering at Harvard and the Wyss Institute: https://wyss.harvard.edu/news/crisprs-impact-today/
Companies, Universities, & People mentioned:Planned Parenthood Federation of America: https://www.plannedparenthood.org/about-usQorium: https://qorium.com/Nike: https://www.nike.com/Mosa Meat: https://www.mosameat.com/
Dr. Mark Post: https://www.linkedin.com/in/markpost1/?originalSubdomain=nlRamanan Raghavendran: https://www.linkedin.com/in/ramananraghavendran/
Timestamps:00:00 Intro01:43 Qorium’s Mission: Reinventing Leather with Real, Sustainable Material03:03 The Leather Industry: State, Problems, and Qorium’s Disruption07:41 Product First: Making Better Leather, Not Just Sustainable Leather08:09 The Technology Behind Qorium: Cultivation and Tissue Engineering11:24 Go-to-Market Strategy: Partnerships, Scaling, and Industry Adoption16:57 Industry Resistance and the Need for Progress20:47 Fundraising for Deeptech: Challenges and Realities in the Current Climate24:46 Reflecting on Macro Trends and the Importance of Persistence32:24 Shoutouts: Mentors, Family, and Influential Figures36:50 Advice to Younger Self: Taking Risks and Riding Trends39:23 Closing Thoughts and Gratitude40:09 OutroThe Biotech Startups Podcast gives you a front-row seat to the business and science of building a biotech. Hosted by Jon Chee, CEO of Excedr, the show features honest conversations with founders, execs, and investors about their work, their companies, and how they got there. From scientific breakthroughs to startup lessons, each episode explores what it really takes to grow a life science company—from pre-seed to IPO.
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