Really Clever
2 known investors
Really Clever makes fungi-based biomaterials, starting with a leather alternative for the fashion and automotive industries.
Also known as Really Clever
Investors · 2
Company profile
researched Aug 2026Really Clever is a biomaterials company producing sustainable materials from fungi. Its initial product is a leather alternative targeted at the fashion and automotive sectors.
As of March 2023, the company was working toward a pilot manufacturing facility with an annual production target of 70,000 meters of material, to be funded by a multi-million dollar financing round then in progress. The company had previously raised $890,000 from London-based venture firm Hoxton Ventures.
Business model
Really Clever develops and intends to manufacture fungi-based biomaterials for sale into downstream manufacturers, with plans to build its own pilot production facility rather than license the technology.
Latest developments
As of March 2023, the cofounders were in the process of closing a multi-million dollar round to fund construction of a pilot manufacturing plant with a 70,000 meter annual production target.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Really Clever positions its fungi-derived material as an alternative to conventional leather for fashion and automotive applications.
Technology
The company uses fungi to create biomaterials, beginning with a leather substitute.
Go-to-market
Fashion and automotive manufacturers seeking leather alternatives.
Geography
The company's disclosed backing comes from London-based Hoxton Ventures, and its founders were recognised on a Forbes Europe list.
History
The company was cofounded by Patrick Baptista Pinto and Matthew Millar, who raised $890,000 from Hoxton Ventures. As of March 2023, the founders were reported to be closing a further multi-million dollar round intended to fund a pilot manufacturing facility, and were recognised on the Forbes 30 Under 30 Europe Manufacturing & Industry 2023 list.
Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 2
launches, deals, and filingsCofounders Patrick Baptista Pinto and Matthew Millar were profiled on the Forbes 30 Under 30 Europe Manufacturing & Industry 2023 list.
The company reported plans to build a pilot manufacturing facility targeting annual production of 70,000 meters of material, funded by an in-progress multi-million dollar round.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 5
primary sources listed
- Really Cleverforbes.com · web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Really Clever do?
- Really Clever makes fungi-based biomaterials, starting with a leather alternative for the fashion and automotive industries.
- Who are Really Clever's investors?
- Really Clever's investors include Hoxton Ventures, Teampact.ventures.