Ambercycle

Ambercycle

Converts end-of-life textile 'waste' into brand new fabrics for the worlds leading and most beloved brands. Learn more
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DateInvestorsAmountRound
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$230k

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Seed

$1.3m

Grant
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$21.6m

Series A
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$5.0m

Valuation: $108m

Early VC
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$10.0m

Debt
Total FundingCAD38.4m

Recent News about Ambercycle

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Ambercycle, founded in 2015 by Shay Sethi and Moby Ahmed, is a pioneering startup in the sustainable fashion industry. The company operates within the circular economy framework, focusing on transforming end-of-life textiles into new, high-quality materials. This process, known as molecular regeneration, involves breaking down complex textiles at the molecular level to separate and purify their components. The resulting raw materials are then reintegrated into the fashion supply chain, allowing brands and manufacturers to create new garments from recycled content.

Ambercycle serves a diverse range of clients, including apparel brands, manufacturers, and designers across the fashion, performance, and luxury sectors. By providing these clients with regenerated materials, Ambercycle helps them reduce waste and promote sustainability in their product lines. The company’s innovative approach addresses a significant environmental challenge, as over 120 billion garments are discarded annually.

The market Ambercycle operates in is the sustainable fashion and textile recycling industry, which is gaining traction as consumers and businesses alike become more environmentally conscious. The company’s business model revolves around its proprietary technology and closed-loop system, which ensures that materials can flow continuously from one lifecycle to another. This system not only reduces waste but also provides a reliable source of high-quality materials for the fashion industry.

Ambercycle generates revenue by selling its regenerated materials to fashion brands and manufacturers. These clients value the high quality and sustainability of Ambercycle’s products, which enable them to meet growing consumer demand for eco-friendly fashion. Additionally, the company may explore partnerships and collaborations with other businesses and organizations focused on sustainability.

In summary, Ambercycle is a forward-thinking company that leverages advanced technology to create a sustainable solution for the fashion industry. By transforming textile waste into valuable raw materials, it supports brands in their efforts to reduce environmental impact and promote circularity.

Keywords: sustainable fashion, textile recycling, molecular regeneration, circular economy, end-of-life textiles, high-quality materials, apparel brands, closed-loop system, eco-friendly, waste reduction.

Tech stack

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