H&M Hennes & Mauritz AB is a Swedish multinational retail-clothing company renowned for its fast-fashion offerings for men, women, teenagers, and children. The company operates six distinct brands: H&M, COS, Monki, Weekday, Cheap Monday, and & Other Stories. H&M's design team focuses on creating sustainable and stylish clothing at accessible prices, providing a diverse range of collections that include everything from elegant party wear to essential basics and functional sportswear. Their product line extends beyond apparel to include shoes, bags, jewelry, makeup, and home decor under H&M Home, catering to both adults and children. H&M aims to inspire individuality and personal expression through fashion while promoting a more sustainable lifestyle.
Syre is a textile impact company that focuses on hyperscale textile-to-textile recycling, beginning with polyester.
re:newcell
Debt Financing in 2023
re: newcell has developed a patented process for recycling cellulose-based textiles, such as cotton and viscose. With re: newcell's recycling process, environmental impact from the textile industry could be drastically reduced. The process would also reduce transport, waste and increase access to water and cultivable land for food production.
Infinited Fiber
Series B in 2023
Infinited Fiber Company Oy is a Finnish textile chemical recycling firm founded in 2016 and based in Espoo, Finland. The company specializes in a patented technology that transforms cellulose-rich materials, such as cotton-rich textile waste, used cardboard, and agricultural byproducts, into high-quality fibers that resemble cotton. This innovative approach addresses the environmental challenge of textile waste by converting materials that would typically be landfilled or incinerated into valuable resources for the textile industry. The technology has received validation from leading fashion brands and is poised for scaling. Infinited Fiber has been recognized for its contributions to sustainability, winning awards and being featured in notable industry listings.
Rubi Laboratories
Seed Round in 2023
Rubi Laboratories develops biocatalyst solutions that manufacture carbon-negative textiles for the fashion industry. Its technology offers a natural resource for making things and directly synthesizes the threads that help clients produce viscose that is carbon-negative, water-chemical, land-neutral, traceable, and biodegradable.
Kintra Fibers
Venture Round in 2023
Kintra Fibers has developed a proprietary bio-based and compostable polymer that offers apparel brands versatile and strong performance, while retaining plug-and-play manufacturability through the synthetic textile value chain. Kintra materials provide an alternative to fossil-fuel based textiles, which represent 70% of the global fiber market. With a compostable chemistry, Kintra fibers are designed to be digested to CO2 and water within a wastewater treatment facility, solving for clean, microplastic-free oceans and soil. To enable circularity, textiles made with Kintra can fit chemical and mechanical recycling schemes, or industrial compost.
Smartex.ai
Series A in 2022
Smartex.ai is an AI and computer vision company that uses automated inspection to detect textile defects. It also uses cutting-edge AI tech in order to solve some of the biggest problems of an outdated yet so relevant sector which is the Textile Industry. Our company is bringing the most sophisticated state-of-the-art technologies of Machine Learning and Computer Vision in order to detect textile defects and irregularities in real-time, acting on the knitting machines as a way to reduce defective production to close to 0%. This high-tech solution is able to not only stop the production of defects during production, using hardware and software but also improve the business by offering a user interface where the factories can check their stats regarding the production.
Keel.Labs
Series A in 2022
Keel Labs is a biomaterials company focused on producing sustainable materials derived from renewable resources, specifically seaweed. The company addresses the ecological damage associated with the fashion industry by developing a platform for creating durable and rapidly degradable yarns from kelp. This innovative approach integrates scientific research and design with waste reduction in textile production, offering a viable alternative to conventional textiles for the footwear and apparel industries. By utilizing kelp, Keel Labs provides a functional and environmentally friendly resource that aims to mitigate the negative impacts of traditional material sourcing.
Materra
Seed Round in 2022
Materra provides agriculture, design, transparency, engineering, innovation, cotton, fashion, farming, and sustainability services. They also provide farm management and sustainable cotton farming services.
Colorifix
Series B in 2022
Colorifix Limited is a biotechnology company based in Norwich, United Kingdom, that specializes in innovative textile dyeing services using entirely biological methods. Founded in 2015, Colorifix has developed a unique approach to produce, deposit, and fix pigments onto textiles through synthetic biology. This process utilizes natural colorants derived from organisms such as microbes, plants, and insects, as well as agricultural by-products like sugar molasses, to create safe and environmentally friendly dyes. By eliminating harsh chemicals commonly used in traditional dyeing processes, Colorifix significantly reduces water consumption and pollution, contributing to a more sustainable textile industry. The company’s technological advancements have attracted investment from various stakeholders, supporting its ongoing expansion efforts.
Ambercycle
Series A in 2022
Ambercycle is a material science company focused on transforming textile waste into new materials for brands and producers. It creates a centralized ecosystem for the recycling of used textiles, including complex fabrics and worn-out garments. Utilizing a molecular regeneration technique, Ambercycle isolates components from intricate textiles to produce raw materials, addressing the challenges associated with recycling such materials. The company's innovative chemical recycling technology converts end-of-life textiles into polymer powder, making the recycling process more cost-effective. This enables apparel businesses to manufacture clothing from renewable feedstocks, thereby reducing waste and contributing to environmental sustainability. Through its efforts, Ambercycle facilitates the integration of recycled materials back into supply chains for both regional and international players.
Infinited Fiber
Series B in 2021
Infinited Fiber Company Oy is a Finnish textile chemical recycling firm founded in 2016 and based in Espoo, Finland. The company specializes in a patented technology that transforms cellulose-rich materials, such as cotton-rich textile waste, used cardboard, and agricultural byproducts, into high-quality fibers that resemble cotton. This innovative approach addresses the environmental challenge of textile waste by converting materials that would typically be landfilled or incinerated into valuable resources for the textile industry. The technology has received validation from leading fashion brands and is poised for scaling. Infinited Fiber has been recognized for its contributions to sustainability, winning awards and being featured in notable industry listings.
Colorifix
Series A in 2020
Colorifix Limited is a biotechnology company based in Norwich, United Kingdom, that specializes in innovative textile dyeing services using entirely biological methods. Founded in 2015, Colorifix has developed a unique approach to produce, deposit, and fix pigments onto textiles through synthetic biology. This process utilizes natural colorants derived from organisms such as microbes, plants, and insects, as well as agricultural by-products like sugar molasses, to create safe and environmentally friendly dyes. By eliminating harsh chemicals commonly used in traditional dyeing processes, Colorifix significantly reduces water consumption and pollution, contributing to a more sustainable textile industry. The company’s technological advancements have attracted investment from various stakeholders, supporting its ongoing expansion efforts.
Worn Again Technologies
Venture Round in 2020
Worn Again Technologies Ltd, founded in 2005 and based in London, specializes in innovative textile recycling technology that focuses on creating circular materials from waste. The company has developed a process that separates, decontaminates, and extracts polyester and cellulose from old clothing, non-reusable textiles, and polyethylene terephthalate bottles. This technology allows for the recapture of raw materials, which are then reintroduced into the supply chain as new textile fibers. By promoting a waste-free textile cycle, Worn Again Technologies offers manufacturers access to clean and renewable raw materials, contributing to a more sustainable fashion industry.
re:newcell
Venture Round in 2019
re: newcell has developed a patented process for recycling cellulose-based textiles, such as cotton and viscose. With re: newcell's recycling process, environmental impact from the textile industry could be drastically reduced. The process would also reduce transport, waste and increase access to water and cultivable land for food production.
Infinited Fiber
Series A in 2019
Infinited Fiber Company Oy is a Finnish textile chemical recycling firm founded in 2016 and based in Espoo, Finland. The company specializes in a patented technology that transforms cellulose-rich materials, such as cotton-rich textile waste, used cardboard, and agricultural byproducts, into high-quality fibers that resemble cotton. This innovative approach addresses the environmental challenge of textile waste by converting materials that would typically be landfilled or incinerated into valuable resources for the textile industry. The technology has received validation from leading fashion brands and is poised for scaling. Infinited Fiber has been recognized for its contributions to sustainability, winning awards and being featured in notable industry listings.
Colorifix
Series A in 2018
Colorifix Limited is a biotechnology company based in Norwich, United Kingdom, that specializes in innovative textile dyeing services using entirely biological methods. Founded in 2015, Colorifix has developed a unique approach to produce, deposit, and fix pigments onto textiles through synthetic biology. This process utilizes natural colorants derived from organisms such as microbes, plants, and insects, as well as agricultural by-products like sugar molasses, to create safe and environmentally friendly dyes. By eliminating harsh chemicals commonly used in traditional dyeing processes, Colorifix significantly reduces water consumption and pollution, contributing to a more sustainable textile industry. The company’s technological advancements have attracted investment from various stakeholders, supporting its ongoing expansion efforts.
Thread
Series B in 2018
Thread Online Limited is an online retail company based in London, United Kingdom, that specializes in clothing for men and women. Founded in 2012, Thread operates as a personal styling platform that combines the expertise of human stylists with machine learning algorithms. This approach allows the company to provide personalized clothing recommendations based on individual preferences, thereby simplifying the shopping experience for its customers. In addition to apparel, Thread offers shoes and accessories, catering to a diverse range of fashion needs. The platform's unique blend of technology and personal touch helps users find suitable clothing without the hassle of traditional shopping.
Worn Again Technologies
Venture Round in 2018
Worn Again Technologies Ltd, founded in 2005 and based in London, specializes in innovative textile recycling technology that focuses on creating circular materials from waste. The company has developed a process that separates, decontaminates, and extracts polyester and cellulose from old clothing, non-reusable textiles, and polyethylene terephthalate bottles. This technology allows for the recapture of raw materials, which are then reintroduced into the supply chain as new textile fibers. By promoting a waste-free textile cycle, Worn Again Technologies offers manufacturers access to clean and renewable raw materials, contributing to a more sustainable fashion industry.
re:newcell
Venture Round in 2016
re: newcell has developed a patented process for recycling cellulose-based textiles, such as cotton and viscose. With re: newcell's recycling process, environmental impact from the textile industry could be drastically reduced. The process would also reduce transport, waste and increase access to water and cultivable land for food production.
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