OUR INVESTMENTS
We believe in supporting innovation that drives positive change in the fashion industry. Our investments are dedicated to funding and accelerating startups and initiatives that champion sustainability, circularity, and transparency. By strategically investing in groundbreaking technologies and ideas, we aim to create scalable solutions that transform the industry for the better.
Join us in backing the future of fashion through our targeted investment approach.
Our Investment Activity
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184Innovators Supported
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50Direct Investments
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€ 5 MDirectly Invested
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€ 2.3 BN+Capital Catalysed
Investment Stages
Early Stage
Fashion for Good has provided direct investments to select innovators, through which we are able to support their journey to commercialisation. These investments also enable the important and tactical pilot and implementation projects across the supply chain, helping model the future of the industry.
Mid Stage
Besides unlocking financing in the early stages, we are committed to solving the financing gap so many innovators face in the crucial mid stage scaling period. Currently through our expanding investor network, who share access to larger ticket sizes in both hard-tech and soft-tech solutions.
Late Stage
Focused on transforming textile and apparel manufacturing, Good Fashion Fund prioritises late stage disruptive technologies and circular practices across Asia, specifically in India, Bangladesh, and Vietnam. These investments reflect its mission to create lasting impact in the industry. Check out the Good Fashion Fund.
Our Investment Portfolio
&Wider
Founded in 2014, &Wider is dedicated to improving working conditions across global supply chains by monitoring human rights impacts. The company leverages mobile technology to enable workers and smallholders to report on their working conditions regularly, fostering meaningful stakeholder engagement.
Alchemie Technology
Alchemie Technology has developed clean-tech dyeing and finishing processes which are enabled by its unique digital fluid jetting technology. Alchemie’s digital manufacturing solutions for dyeing and finishing deliver reductions in operational costs and environmental impact: reducing wastewater, chemistry and energy consumption.
Keel Labs
Keel Labs yarns and fibres from kelp, a variety of seaweed. Keel Labs creates both clean materials and processes – fitting directly into existing manufacturing infrastructures with the final material being biodegradable and can be dyed with natural pigments in a closed loop cycle.
Ambercycle
Ambercycle is a textile-to-textile recycler that converts polyester textile waste into cycora yarns® (a regenerated alternative to virgin polyester) for apparel brands and manufacturers. Their process uses polyester textile waste as feedstock, which is then purified and further converted into polyester pellets to make the cycora yarn, out of which new clothes can be made – thus reducing demand for virgin materials.
Bext360
Founded in 2016, Bext360 offers a SaaS platform that digitises global supply chains for agricultural commodities. By leveraging AI, blockchain, and mobile app technology, it provides comprehensive traceability, enabling transparency and accountability throughout the supply chain.
Biophilica
Biophilica transforms garden and park waste into Treekind™ – a leather alternative that is compostable, plastic-free, and recyclable as green waste or into new Treekind™ material.
BlockTexx
BlockTexx is a textile-to-textile recycler that has developed the technology S.O.F.T.™ (which stands for ‘separation of fibre technology’) that combines chemical recovery technology and advanced manufacturing to produce recycled materials (rPET pellets and cellulose powder) from textile waste.
Chlorohemp Agrotech
Chlorohemp Agrotech is developing large scale fully integrated hemp processing units and applying cutting edge biosciences to develop an effective research database on Indian Hemp varieties.
Circ
Introduction: Circ is a textile-to-textile chemical recycler with the ability to recycle different types of textile waste (polyester-based, cellulosic-based and blended). In doing so, Circ produces virgin-equivalent outputs (like dissolving pulp for lyocell fibre production and polyester monomers for PET production) that can be sold downstream to produce new recycled materials.
Dimpora
Dimpora has developed a fluorine-free membrane designed to deliver performance benefits, including high breathability and waterproof capabilities, without the use of toxic PFCs.
DyeRecycle
DyeRecycle has developed a technology that enables the reuse and recycling of dyes directly from textile waste for use in the dyeing of new fabrics. A patented solvent is used allowing for reduced chemical, water and energy usage, and the decoloured fabric/fibres can feed into recycling processes allowing new end of use streams.
GALY
GALY engineers cotton in labs, rather than farming, through multiplication of cells directly into the cotton fibre (removing steps of traditional cotton plantation). As a result they can grow cotton without the use of pesticides or fertilisers, using considerably less water.
Good On You
Founded in 2015, Good On You uses the power of consumer choices to create a more sustainable future. As the world’s leading source for sustainability brand ratings, Good On You gives retailers the tools and credibility to engage with conscious shoppers on the issues they care about. Building on its expertise in fashion, Good On You launched its beauty ratings in October 2024 to further its mission to use consumer power to drive industry change.
Graviky Labs
Graviky Labs turns end of use carbon emissions into inks and pigments that can be used for different printing processes such as screen, sublimation and digital. These have been used on different surfaces including paper, polyester and textiles.
Greenhope
Greenhope is a social technology enterprise manufacturing biodegradable technologies to address hard-to-recycle items that are too small, contaminated, not economically viable, or destined for landfills. Their Ecoplas bioplastic sources starch from local farmers and turn it into packaging for apparel, food, and non-food applications.
Imogo
Imogo offers a digitally enabled spray dyeing technology through its FlexDryer machine, which uses a combination of a high-speed spray application with a proprietary autoclave fixation step, used for both dyeing and finishing. Their technology offers a lower use of water, chemistry, energy and increased accuracy and flexibility compared to conventional methods.
Infinited Fiber Company
Infinited Fiber Company is a textile-to-textile recycler that has developed a technology that can turn cotton-rich textile waste into a cellulose carbamate fibre (InfinnaTM). This next generation process can divert waste that would otherwise be sent to landfill or incineration, and regenerate it into a new fibre for the textile industry.
Kintra Fibers Inc
Kintra has developed a biobased and biodegradable polyester alternative from a novel, proprietary version of polybutylene succinate (PBS) derived from renewable feedstocks. PBS is used to produce yarns and consecutively fabrics (knits and wovens) for the textile industry.
Living Ink
Living Ink is a biotechnology company transforming waste-algae material into a bio-based carbon black, UV stable and has the potential to be carbon negative. This algae black is a replacement for petrochemical carbon black, with reduced CO2 emissions in comparison to the latter.
Lizee
Lizee has developed a reuse management system, enabling any brand or retailer to launch, manage and scale their rental and second hand offer in just a couple of weeks through management of eCommerce and logistics flows through algorithmic processing of data. This contributes towards a circular society by facilitating the rent and redistribution of consumer goods, ultimately reducing demand for virgin materials.
Made2Flow
Founded in 2019, Made2Flow is a data-driven impact measurement and decarbonisation platform focused on gathering, validating, and analysing supply chain data. It provides brands with transparency on environmental metrics, enabling informed decisions to reduce their carbon footprint.
Mango Materials
Mango Materials uses waste methane to produce PHA pellets which can be then either melt spun or injection moulded to make fibres or packaging respectively. PHA can be used as a replacement for conventional polyester, thus is a replacement for synthetic fibres and packaging which is compostable.
Materra
Materra is developing a technology for cotton agriculture that reduces water and fertiliser while also being grown in an insecticide-free environment. Materra is looking to achieve greater cotton growing efficiency by preventing waste of agricultural inputs, increasing delivery efficiency, and researching a range of biological pest control methods.
Matoha
Matoha specialises in automated sorting solutions through near-infrared (NIR) spectroscopy. Their handheld technology enables the accurate identification and sorting of materials, contributing to better diversion of textile waste feedstock to the recycling industry.
MYCL
MYCL produces a leather like material by binding agricultural waste with mycelium – mushroom roots. The natural components of the product makes the product sturdy and lightweight which makes it possible to customise forms into various shapes and products. By using agricultural waste Myotech provides farmers with an additional income and keeps the waste from being burned.
Natural Fiber Welding
Natural Fiber Welding, Inc. (NFW) develops patented technologies based on the sustainable use of plants and natural fibres to create plastic-free, durable goods and textiles. NFW’s supply chains utilise renewable resources, waste feedstocks, and clean, closed-loop chemistries.
Nature Coatings
Nature Coatings transforms wood waste into high performing and cost competitive black pigments, and are a direct replacement for petroleum based carbon black pigments. Their pigments do not contain toxic substances, known as PAHs, and are manufactured in a closed loop system that emits negligible amounts of CO2 or other GHGs.
Norman Hangers
Norman Hangers produces hangers made of paper or recycled cardboard, which at their end of use fit into paper recycling systems. With this, plastic is eliminated and recycling is readily accessible, offering a sustainable marketing tool for visual merchandising.
OSM-Shield
OSM Shield has developed its ZERO chemistry solution, a high-performance technology that provides durable water and oil repellency without the use of any PFAS.
Pili-bio
Pili Bio uses microorganisms to produce organic dyes to replace petrochemical and vegetal versions, with comparatively lower CO2 emissions from production. The technology is based on microbial enzymes, re-engineered to produce carbon feedstocks, such as sugar, into textile dyes.
Polybion
Polybion is growing premium, next-generation materials designed with nature and manufactured with biology. Their first product, Celium™, is a premium alternative to animal-based leather and petroleum-derived synthetics. It is grown by feeding bacteria with agroindustrial fruit waste; the bacteria, in turn, creates cellulose, a natural polymer.
Refiberd
Refiberd offers an integrated automated sorting to deal with blended post-consumer textile waste. By utilising a combination of spectroscopy, machine learning and image processing for sorting chemical and mechanical recycling, Refiberd’s technology can reduce material waste to landfill and lower CO2 emissions.
Reflaunt
Reflaunt is a technology company that connects retailers with the second hand market, allowing customers of retailers to resell, donate or recycle their past purchases in a click through various resell interphases. Their core product is the “smart button” (plug in) which integrates itself into customer accounts on a retailer’s e-commerce and allows customers to push products for resale on a network of third party platforms specialised in second hand resale to extend life of products and divert from landfill.
Resortecs
Resortecs produces a stitching thread which dissolves when exposed to heat for easy repair and recycling of garments. This allows for reduced water usage when compared to traditional disassembly and recycling processes used in closed-loop denim production, and the solution reduces textile waste through enabled ease of recycling.
Reverse Resources
Reverse Resources is a Software-as-a-Service (SaaS) platform that enables the fashion industry to collaborate on moving textile waste to recycling and close the loop of its own raw materials. It offers a single point of access for sourcing and supply chain set up of textile waste for the textile-to-textile recycling sector, enabling mapping and measuring volumes of waste by type, composition and location enabling waste suppliers to provide high quality waste for recyclers.
SeaChange Technologies
SeaChange Technologies, Inc. has developed a solution to eliminate wastewater based on a novel mechanical, non-membrane, zero-liquid-discharge desalination system. The elimination of sludge through the Seachange process results in a net reduction of landfill waste and GHG emissions.
Smartex
Smartex is an engineered solution to help textile manufacturers improve production yields and reduce waste. It uses a combination of IoT sensors and AI/machine learning software for the real-time inspection and detection of defects in fabric production before they damage a fabric roll, thus reducing waste in production processes.
Sonovia
Sonovia’s technology embeds the necessary compounds for finishing applications directly into the fabric using a process called cavitation, which does not require binder chemicals normally used to attach finishes onto a fabric. This protects the end-user and the environment from the leaching of hazardous chemicals.
Spintex
Spintex have developed a spider inspired silk spinning process from a water-based solution of dissolved silk fibres, sourced from amongst others, post-consumer waste streams. The process is more energy efficient than plastic fibre formation therefore offering a sustainable alternative of next generation fibres and materials.
Swatchbook
Swatchbook is a cloud platform revolutionising the exploration, visualisation and sharing of materials. The platform enables suppliers to upload their materials along with other metadata and pricing details for brands to further explore, discover and visualise materials, sharing them with other stakeholders for further use.
Syre
Syre is a textile impact company on a mission to reduce waste in the textile industry through textile-to-textile recycling, starting with polyester. The company’s textile-to-textile recycling technology provides circular polyester with quality on par with virgin polyester.
TrusTrace
Founded in 2016, TrusTrace offers a market-leading platform for supply chain traceability and compliance that enables brands and suppliers around the world to standardise how supply chain and material traceability data is captured, digitised and shared.
ZymoChem
ZymoChem offers bio-based materials powered by proprietary carbon conserving (C2) microbes that convert renewable feedstocks into high-value materials while radically minimising CO2 loss during the production phase. The efficiencies of their platform unlock superior economics – up to 50% lower cost than incumbents with a higher yield compared to today’s best in class biomanufacturing.
Our Wallet
Our investments focus on accelerating positive transformation across the fashion industry by funding innovative solutions and high-impact projects throughout the supply chain.
Investment Pillars
The fashion supply chain starts with the sourcing and extraction of raw materials. A significant portion of a material’s environmental footprint is determined by how its unprocessed inputs are cultivated, extracted and processed into yarns, making it a crucial area for innovation investment. New innovative alternatives, such as biomaterials and textile recycling solutions are already being implemented and scaled to replace standard materials.
Fibres, yarns, fabrics or garments go through multiple processing steps to achieve the performance and aesthetic properties desired by brands and consumers. These steps can be broadly categorised into pretreatment, colouration and finishing. The processing stage can be lengthy, technically complex and consumes a huge amount of water, chemistry and energy, so optimising, finding and funding new innovations is crucially important.
The manufacturing and retail stage aims to reduce textile waste accumulation and over production, to optimise efficiency in the cut, make and trim of a garment through digital solutions and on-demand production, and to extend the life of products and packaging through circular business models. This supply chain step aims to reduce the overall waste to landfill at a factory, retail and consumer level, proving a crucial area for investment.
The end-of-use stage focuses on extending the life of materials and garments by enabling technologies and infrastructure that can redirect garments into reuse and recycling. This supply chain step involves innovation in sorting, chemical recycling processes, and waste match-making platforms. Directing textile waste coming from factories and households into new use phases allows the industry to reduce waste and reuse materials to build a regenerative system.
Transparency and traceability is the process of making information available to understand how fibres and materials were sourced, processed and produced through the supply chain. Improving the transparency of suppliers, and the traceability of sourced materials, is essential to enable more sustainable decision making. Investing in this area is an enabling factor to help reduce the negative environmental and social impacts of the textile supply chain.
Good Fashion Fund
The Good Fashion Fund (GFF) is the first investment fund focused solely on driving the implementation of innovative and sustainable solutions in the fashion industry. Despite the availability of promising technologies, scaling these within supply chains has been hindered by a lack of capital. The Fund, initiated by Fashion for Good, in collaboration with Laudes Foundation, The Mills Fabrica and FOUNT.eu complemented by Rabobank as a lender, was created to bridge this gap, connecting groundbreaking technologies to the industry to collaboratively address its environmental and social challenges.
The Good Fashion Fund is now fully invested, having initiated credit and equity investments that align with its mission. Its investment portfolio demonstrates a commitment to high-impact, disruptive technologies and circular innovations within the textile and apparel production sectors in Asia (India, Bangladesh, Vietnam). To date, the Fund has invested 12.5M EUR in these transformative solutions.
We help manufacturers and operators to implement these technologies, to significantly improve the positive impact of apparel manufacturing. This means the use of recyclable and safe materials, clean and less energy, closed-loop manufacturing and the creation of fair jobs and growth.
Investment Reports
Unlocking the Trillion-Dollar Fashion Decarbonisation Opportunity: Existing and innovative solutions
Report by Apparel Impact Institute and Fashion for Good
The Great Unlock
Closing the Innovation Commercialisation Gap Through Project Finance Solutions. Report by Spring Lane Capital and Fashion for Good
Financing the Transformation in the Fashion Industry
Unlocking Investment to Scale Innovation. Report by Fashion for Good and BCG
Investing in Textile Innovation
The opportunities for investors in the textile and apparel innovation ecosystem.