Simplifyber Receives $3.5M Seed Round
Summary
NEW YORK, NY, Simplifyber, creator of the worlds first fully-molded garment and shoe uppers made directly from a cellulose-based liquid, announced today the closing of a $3.5 million round of seed funding. The round was led by At One Ventures, with participation from Techstars, Heritage Group Ventures, The Helm, W Fund, Jetstream Ventures, Plug & Play Ventures, REFASHIOND Ventures, CapitalX Ventures, Keeler Investments Group and others. Simplifyber creates the "Apparel of the Future" through its soft, cotton-like biodegradable clothing and footwear that are made by injecting liquid into molds, without the need for cutting, sewing, or weaving; transforming the worlds Apparel and Footwear Industries through its proprietary fully-biodegradable material formula and sustainable additive manufacturing system.