unspun, an Oakland, CA-based 3D weaving technology company, raised $32M in Series B funding.
The round led by DCVC, with participation from Lowercarbon Capital, E12, Decathlon and SOSV. Milo Werner, General Partner at DCVC, will join unspun’s Board of Directors.
The company intends to use the funds to develop its 3D weaving technology and expand its operations in Europe and North America.
Led by Walden Lam, CEO, unspun has developed Vega™, a 3D weaving technology platform designed to help brands realize a low-inventory, nearshore and automated supply-chain for woven products. The company says Vega takes thousands of yarns and weaves them into garments in minutes, allowing for (almost) zero-waste, on-demand manufacturing.
The company has signed multi-year agreements with multiple top retailers like Walmart to deploy its Vega™ machines for localized production in both North America and Europe.
FinSMEs
29/07/2024