Venture capital is fuelling the next wave of textile innovation. Stay up to date with our monthly roundup of notable early-, growth- and late-stage investments shaping the industry’s future.

2025 is off to a strong start for several Asian textile innovators, with fresh funding fuelling their ambitions for the year ahead. In this January roundup, WTiN breaks down several key investments, the startups making waves and the backers betting on their success.

Greenstitch
14 January | Seed funding | Bengaluru, India | Climate tech
Led by investment banking firm, Equirus, sustainability reporting startup, Greenstitch, has raised seed funding of US$1.2m. The nine-strong investor pool includes several non-institutional backers, as well as three domestic venture firms: ZeCa Ventures, WarmUp Ventures and IvyCap Ventures.

The business, which was founded in 2023, offers a suite of sustainability tracking and reporting tools, all geared to accommodate the textiles & apparel industry. This includes functions for carbon accounting, ESG reporting, product lifecycle analysis, supply chain decarbonisation and traceability activities.

The company indicates that the funds will be utilised to hire new talent and strengthen its product portfolio, ready for its next stage of growth.

Discover Greenstitch here.

Smart Fabric
14 January | Extended series C | Shenzhen, China | Smart manufacturing