Investments

Kennewick, U.S.: Carbitex has announced the successful close of a new funding round, marking the culmination of a two-year effort to restructure the company. With five times sales growth projected in 2025, Carbitex is set to strategically expand global market presence.

The majority of the capital comes from longtime investors, including Michael...

Rio Rancho, New Mexico, U.S.: Green Theme Technologies, Inc. (GTT), a leader in sustainable textile and materials science, is pleased to announce the successful closing of a $6 million Series C funding round. This funding will accelerate GTT’s mission to transform the textile industry with its EMPEL® high-performance, sustainable technology...

BERLIN, GERMany: Giftd, a new clothing gifting app that is set to recirculate unused consumer goods on a large scale, announced raising 535K EUR in an angel round. Among the angel investors are German family offices Thies Network and quantumReality, member of the Berlin Business Angels Club board, and impact-focused investor and accelerator ULTRA...

Vilnius, Lithuania: Vinted, Europe’s leading second-hand C2C marketplace focused on fashion, has closed a secondary share sale of €340 million at a valuation of €5 billion.

The transaction, led by TPG, a leading global alternative asset manager, validates Vinted’s opportunity and progress in developing and growing the second-hand market globally. It...

London, UK: Notpla, a leading innovator in sustainable packaging and winner of The Earthshot Prize in 2022, today announced the successful completion of a £20 million fundraising round (over US$25 million), doubling its initial target despite challenging economic conditions. The investment, supported by a diverse group of existing and new investors...

LONDON, U.K.: Evoralis, a pioneering company specializing in the discovery and development of plastic-depolymerizing enzymes, has raised £2.5M in a Seed funding round. This investment marks a significant milestone in Evoralis' mission to transform the recycling landscape for textiles and other plastics. The round was led by LIFTT S.p.A with co...

BOSTON, U.S.: Galy Co., a climate tech company pioneering the development of first-of-its-kind sustainable cellular agriculture products, today announced the closing of an oversubscribed $33 million Series B financing led by Breakthrough Energy Ventures (BEV) with additional participation from new investors H&M Group and Inditex.

The funds will...

Bangkok, Thailand: Indorama Ventures, a global sustainable chemical producer, today announced it secured a new 7-year loan totaling $200 million from the International Finance Corporation (IFC) to help fund the continued growth of the company’s strategic sustainability programs in India, Thailand and Indonesia, and promote a circular economy as the...

Berlin, Germany: Faircado, the trailblazing AI-powered second-hand shopping assistant, has successfully closed a €3 million pre-seed funding round. The investment was led by World Fund, Europe’s leading climate VC. The round also involves notable investment from Accel, General Catalyst, Lightspeed Venture Partners, NEA, and Northzone, via the Slush...

Paris, France: Despite facing increased regulatory pressure, the fashion sector's emissions are growing instead of declining.

Founded in 2021 with the mission to decarbonize fashion, Carbonfact’s automation software tackles this issue with tools to help fashion companies measure, reduce, and disclose their products’ emissions in line with upcoming...