Simplifyber, Inc., a NYC-based creator of fully-molded garment and shoe uppers made directly from a cellulose-based liquid, closed a $3.5M 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.
The company has developed a novel approach to clothing and accessory manufacturing that removes traditional spinning, weaving, cutting, and sewing and replaces it with a sustainable, less resource-intensive process, and fully biodegradable solution – reducing the 35% of materials in the fashion supply chain that ends up as waste.
Led by co-founder and CEO Maria Intscher-Owrang, who led a 20+ year career as a fashion designer and director at leading fashion houses, including Vera Wang, Calvin Klein, Alexander McQueen, Dirk Bikkembergs, and Edun, Simplifyber says it 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.
The company’s cellulose formula is 100% natural, derived from a combination of wood pulp and other plant-based material and non-toxic additives.
FinSMEs
06/07/2022