texfash.com: What drew you to seaweed? How did you start? Where did the seed money come from? How much did you invest?
Thamires Pontes: I fell in love with seaweed when I was a child; on the seaside of my city there were many, many seaweeds and I grew up with them. My greatest contact with algae in the adult phase was in gastronomy, especially in molecular gastronomy. I combined my frustration with the textile industry, the desire to produce an ecologically correct fabric and a pinch of science, and that's how PhycoFiber came about.
I founded Phycolabs in 2022 after going through two acceleration programmes; the first was Catalisa ICT by Sebrae (Brazilian government promotion) where the focus was to transform scientists into entrepreneurs and the second was the Founder Institute. It was at Founder that I joined for good in the world of startups, innovation and entrepreneurship.
Last year was very important as with the Catalisa ICT programme we achieved our first investment in research of €25,000, then the angel investment in the FFF modality €45,000 and in December of last year we achieved it in partnership with the Brazilian social organisation EMBRAPII (which supports technological research institutions to foster innovation in Brazilian industry) and Instituto de Inovação Senai Cetiqt €175,000 to be used exclusively in our R&D. These investments and acceleration processes served to teach us how to undertake, persevere and, above all, not give up. It is important to add that none of this came overnight; the Phycofiber project emerged in 2016. Undertaking with dreams requires a lot of patience.