The development of greener substitutes for plastics is gaining massive importance in today's society. This also involves the medical field, where disposable materials are used to grant sterility. Here, a novel protocol using only a water-based solvent for the preparation of bio-based composite foams of actual β-chitin and collagen type I is presented. The influence of the ratio of this chitin polymorph to the collagen on the final material is then studied. The samples with 50:50 and 75:25 ratios produce promising results, such as remarkable water absorption (up to 7000 wt.%), exposed surface (up to 7 m·g), and total pore volume (over 80 vol.%). The materials are also tested using wet mechanical compression, exhibiting a Young's modulus and tenacity (both calculated between 2% and 25% of deformation) of up to 20 Pa and 9 kPa, respectively. Fibroblasts, keratinocytes, and osteoblasts are grown on these scaffolds. The viability of fibroblasts and keratinocytes is observed for 72 h, whereas the viability of osteoblasts is observed for up to 21 days. Under the two conditions mentioned, cell activity and adhesion work even better than under its counterpart condition of pure collagen. In conclusion, these materials are promising candidates for sustainable regenerative medicine scaffolds or, specifically, as biodegradable wound dressings.