Delft startup Loop Biotech, initiator and builder of the world’s first ‘living’ coffin, has raised an investment of €1 million from Dragons’ Den members and serial entrepreneurs Shawn Harris and Pieter Schoen. With this capital injection, founder Bob Hendrikx aims to realise plans for international expansion and scale up his company.
The Living Cocoon is a groundbreaking, sustainable alternative for traditional coffins. The invention contributes to efficient composting of the body, thus providing an enriched nutrient medium for trees and plants. Inventor, architect and designer Bob Hendrikx discovered the potential of mycelium – the root network of mushrooms – during his extensive material research at TU Delft. Mycelium converts both toxins as well as dead, organic materials into valuable nutrients for nature.
Ready for the next chapter
After launching their innovative product, Loop Biotech captured several headlines, including CNN, The Guardian, Dezeen and the BBC. After gaining traction, the company is gearing up for a new stage of growth that includes global expansion. “With the capital raised, we can further develop our company and scale up our efforts, in addition to building a high-capacity factory,” says Hendrikx.
About Loop Biotech
Loop Biotech was founded in 2020 by Hendrikx with the intent of restoring balance with nature and innovating within the death-care industry. The company’s team consists of entrepreneurs, scientists, designers and engineers from different backgrounds. In addition, YES!Delft, Naturalis Biodiversity Institute, TU Delft, various advisors and former CEOs act in an advisory capacity. Loop Biotech recently started working with DELA, the largest funeral cooperative in the Netherlands.