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How CTK Bio uses R&D support to compete on cost
Summary by BetaKit
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1 Articles
How CTK Bio uses R&D support to compete on cost
For CTK Bio, the fight to replace plastic begins with cost. The startup has already proved that creating biodegradable alternatives is possible, but matching the price of conventional plastic requires nonstop experimentation, and a steady flow of capital to fund it. “Let’s just create value for the customer, and in return, they transition, and therefore make their model more sustainable.” Daniel Shum, CTK Bio “We need to be able to match the co…
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