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Management

Sneaker marketplace Laced raises 12 million US dollars

London-based Laced, the online marketplace that enables consumers to access in-demand and exclusive sneakers, has raised 12 million US dollars in a series A round of funding. The round was led by Talis Capital, with backing from H&M Group Ventures, the investment arm of the H&M Group, and previous investors BY Venture Partners and Truesight...

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Business

Ganni, Reformation, and Patagonia join Rubi pilot to decarbonise fashion

California start-up Rubi, which is pioneering carbon-negative cellulosic textiles, has secured an additional 8.7 million US dollars in funding and announced it has signed up fashion brands Ganni, Reformation, H&M, Patagonia and rental platform Nuuly to its initial strategic pilot project. The latest round of funding was led by Talis Capital,...

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Management

Rubi Laboratories raises 4.5 million US dollars in seed funding

San Francisco-based Rubi Laboratories, pioneering carbon-negative cellulosic textiles, has raised 4.5 million US dollars in seed funding, led by Talis Capital and Necessary Ventures. Rubi, founded by twin sisters Neeka and Leila Mashouf, is currently working on its first prototype to provide a carbon-negative, zero-water, zero-land alternative...

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