Can a fashion circularity ecosystem be built by converting end-of-life textile ‘waste’ into new yarns?
Ambercycle Raises $21.6 Million to Build Circularity Ecosystem in the Fashion Industry. Environmental and governmental agencies estimate that over 120 billion garments are discarded annually. Materials science company Ambercycle announced the closing of an oversubscribed $21.6 million Series A financing from H&M CO:LAB, KIRKBI, Temasek, BESTSELLER’s Invest FWD, and Zalando. With this new funding, Ambercycle … Read more