Goldwin has agreed to buy a 12 percent stake in Spiber worth ¥3 billion (€22.2m-$25.0m) to commercialize its synthetic spider-web-like material, which derives from biomass and is therefore eco-friendly. The value of the company is nearly ¥25 billion (€185.4m-$208.7m). Qmonos, the name of the synthetic spider-web-like fiber, derives from the Japanese “kumo-no-su,” meaning “spider web.” This material is obtained through a state-of-the art microbial fermentation process that generates a protein called fibroin, which is spun into the Qmonos fiber using a special spinning technology.

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