AlgiKnit Closes $13M Series A

other

▤ Summary

AlgiKnit, a materials innovator creating eco-conscious yarns from kelp, announced $13 million in Series A funding to lower the textile industrys environmental impact by accelerating its journey to scale. The round was led by Collaborative Fund and joined by H&M CO:LAB, the investment arm of H&M Group, Starlight Ventures, Third Nature Ventures, and features ongoing support from previous investors Horizons Ventures and SOSV. (c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page.

▥ Classifications

industries
No industries detected
applications
No applications detected

◇ AskAI Classifications

Labels
No AI classifications detected

▦ Linked Companies