# Galy signs $50M deal with Suzuran Medical for lab-grown cotton

Boston startup Galy has signed a 10-year, $50 million partnership with Japanese manufacturer Suzuran Medical to supply lab-grown cotton fibers for use in cosmetic, medical and consumer products. The agreement starts when Galy launches its first commercial facility.

- Type: Partnership
- Announced: 2024-11-17
- Value: $50.0M
- Status: announced
- Products: lab-grown cotton fibers
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Galy](https://endata.com/companies/71318.md)
- [Suzuran Medical Inc.](https://endata.com/companies/71319.md) (customer)

## Sources

- [311institute.com](https://www.311institute.com/startup-galy-finally-releases-its-lab-grown-cotton-into-the-market/), 2024-11-17: "It's the first-time lab-grown cotton will enter any market worldwide."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.