US-based Silk Inc has secured $30 mn in funding, which it will use to scale up its Liquid silk technology to enter the textile finishing market. Liquid Silk, based on a solution derived from natural silk, is marketed as a ‘green’ alternative to synthetic coating and cosmetic additives. “For years consumers have been obsessed with what they put into their bodies through the food they eat,” says Silk Inc Co-Founder and CEO, Greg Altman. “We are now on the doorstep of a public health movement where people ask questions about what they put into their bodies through the clothing they wear. Silk, as a platform that’s ready today, is uniquely positioned to help the apparel industry rid itself of harmful chemistry.” The Series B funding was led by Silk Board Member Jeff Vinik, the Former Manager of Fidelity’s Magellan Fund and current owner of the Tampa Bay Lightning. Other investors include the Kraft Group and Roy P Disney.