Ambercycle raises $21.6 million to build circularity ecosystem in the fashion industry.
By Press release on January 4, 2022
Materials science company Ambercycle Inc. announced today the closing of Series A financing from H&M CO:LAB, KIRKBI, Temasek, BESTSELLER’s Invest FWD, and Zalando. With this new funding, Ambercycle has raised a total of $27 million in order to develop infrastructure and materials for circularity within the fashion industry. Environmental and governmental agencies estimate that over 120 billion […]