Investors
Milliken & Company
Description
Global diversified manufacturer Milliken & Company has invested in Orak, a Paris-based carpet maintenance and flooring reuse company, as a strategic sustainability enabler for its floor covering business. The relationship marks the beginning of a new generation of sustainable floor covering solutions, and it is set to change the way the industry thinks about waste and its approach to the circular economy.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers