# Tydra Labs

**Source:** https://www.startuphub.ai/startups/tydra-labs
**Profile type:** Startup

> Vancouver-based biotech startup transforming crustacean shell waste into high-value, sustainable biomaterials like chitin and chitosan.

## About

Tydra Labs is a biotechnology company focused on creating sustainable biomaterials from chitin, a polymer found in crustacean shells and fungi. Their proprietary process aims to convert waste streams into high-performance materials for applications in packaging, cosmetics, food, and agriculture, offering an alternative to petroleum-derived products.

## Key facts

- **Slug:** tydra-labs
- **Website:** https://tydralabs.com/
- **Location:** Vancouver, Canada
- **Founded:** 2023-01-01
- **Operating status:** Active
- **Total funding:** $1M
- **Sectors / tags:** Advanced Materials & Manufacturing, Biotech, Bioplastic, AgTech, Sustainable Materials, Circular Economy, Waste Management

## Frequently asked

### What does Tydra Labs do?

Tydra Labs is a biotechnology company focused on creating sustainable biomaterials from chitin, a polymer found in crustacean shells and fungi. Their proprietary process aims to convert waste streams into high-performance materials for applications in packaging, cosmetics, food, and agriculture, offering an alternative to petroleum-derived products.

### What is Tydra Labs's valuation?

StartupHub estimates Tydra Labs's effective valuation at $4.7M (range $3.0M to $7.2M, 21% confidence), based on comparable companies in the sector.

### How much funding has Tydra Labs raised?

Tydra Labs has raised a total of $1M in funding. The most recent round on record is Pre-Seed.

### Where is Tydra Labs headquartered?

Tydra Labs is headquartered in Vancouver, Canada.

### When was Tydra Labs founded?

Tydra Labs was founded in 2023.

### What industry does Tydra Labs operate in?

Tydra Labs operates in Advanced Materials & Manufacturing, Biotech, Bioplastic, AgTech, Sustainable Materials, Circular Economy.

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