
Climate tech and circularity funding remains strong in March. With EPR and recycled content targets mounting against the industry, investors are betting on the potential of textile-to-textile recycling innovators.
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.
March seemed significant for textile-to-textile (T2T) recycling, with a number of operators in the space announcing supposedly successful and oversubscribed funding rounds. WTiN’s business innovation lead, Jessica Robe, takes a look at the startups drawing investor interest and what this means for the wider textile & apparel industry.
Meet the innovators
- Epoch Biodesign – An enzymatic T2T recycler headed out of the UK, specialising in deriving recycled nylon and polyester outputs from waste.
- Circ – A US-based chemical T2T recycler leveraging a proprietary technology to extract both cellulosic and polyester outputs from polycotton waste.
- Ravel – Promoting the use of a distinctive “purification recycling” technology, Seattle-based Ravel are initially extracting rPET from poly-elastane waste.
- Sheep Inc. – A luxury fashion brand centred on Merino wool knitwear, offering supply chain traceability through its Connected Dot NFC platform.
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