funding
What to Make of Renewcell’s December Report
The Swedish textile-to-textile recycler ran into a rocky road last year.
Year in Review: Investors Supercharge AI Startups in 2023
AI-based startups grabbed the attention of deep-pocketed investors in 2023, scoring millions of dollars in…
Year in Review: Next-Gen Materials Attract Investment
Despite scale and adoption challenges, funding still flowed into material innovation in 2023.
Year in Review: The Denim Industry Takes On Fundraising, Acquisitions and Sales
The acquisition of denim brands with sustainable roots reaffirmed their potential to make a positive impact.
HSBC Pledges $4 Million to Apparel Impact Institute’s Fashion Climate Fund; Walmart Foundation Grants $1.5 Million to Accelerating Circularity: Short Takes
The global banking behemoth will create financial tools for decarbonization projects at the supplier level…
HSBC Backs Aii’s Decarbonization Grant Fund
Global bank HSBC has committed $4 million over the next three years to the Apparel Impact Institute (Aii)'s…
Octarine Bio Raises $4.6M to Scale Bio-Based Dyes
The company's microbially fermented colors offer sustainable alternatives to petroleum-based synthetics.
Material World: Bio-based Polyester Fleece, TomTex Raises $2.25M, HeiQ Skin Care
Vaude and UPM Biochemicals collaborated on sustainable fleece, the chitosan innovator raised a seed round and…
Renewcell’s 60,000-Ton Problem Sparks Strategic Review
The Swedish textile-to-textile recycler is seeking new funding as part of a strategic review to mend the…
Circle Sportswear Raises 4 Million Euros
The series A round led by Alter Equity will fund R&D for bio-sourced textiles, expand Circle's distribution…
Sequoia-Backed Fast-Fashion E-tailer Urbanic Raises $150 Million
The startup plays in the fast-fashion sandbox dominated by H&M and Zara by recently disrupted by the likes of…
Berlin Biomaterials Startup Cambrium Lands 8 Million Euros
Biology mixes with machine learning and molecular innovation at the Berlin sustainability startup.
Algenesis Nabs $5 Million for Plant-based Material Production
The seven-year-old startup produces bio-based plastics from plants and algae.
Textile Recycling Sees Flurry of Activity
Worn Again Technologies joins the ACTR, Hybridworks raises a $3.2 million seed round and Greybull acquires a…
Líha Beauty Raises 1 Million Pounds
The natural, sustainable brand mixes West Africa's plant and traditional heritage with English aromatherapy.