Simplifyber raises Series A funding led by Suzano Ventures
Summary
Simplifyber, a materials startup pioneering an innovative 3D-molding process to radically reduce the environmental impact of soft goods manufacturing and the use of synthetic fibers, today announces the completion of its US$12 million Series A funding round. The company has developed a proprietary natural fiber liquid known as Fybron, that can be injected into 3D molds to create a variety of soft goods, which in many applications is fully bio-based and biodegradable.Founded in 2021, Simplifyber has already demonstrated the potential for its technology in the footwear industry. The companys first product a shoe upper made from cellulose-based material was unveiled at Paris Fashion Week in September 2024 through a collaboration with the brand GANNI.Weve had a great deal of interest from brand partners and investors, and were thrilled to have secured Suzano Ventures as a strategic investor in our Series A round. Since we started our company, Suzano has been one of our main fiber suppliers, because they are one of the worlds most sustainable and efficient producers of bio-based feedstock. This partnership will give us access to world-class expertise and support, helping us to reach new markets and accelerate our growth.