Simplifyber has raised USD12M in Series A funding to scale up production capabilities and expand its team. The funding round was led by Suzano Ventures along with several other investors.
Simplifyber has raised USD12M in Series A funding to scale up production capabilities and expand its team. The funding round was led by Suzano Ventures along with several other investors.
04/10/25, 12:06 PM
Location
raleighMoney raised
$12 million
Industry
retail
Round Type
series a
Investors
Meliorate Partners, Overlay Capital, M.I.H. Capital, Collateral Good, Staddle Holdings, One Small Planet, Plug And Play Sustainability Fund, Techstars, At One Ventures, Suzano Ventures
Simplifyber, a Raleigh, North Carolina-based bio-based materials company, raised US$12m in Series A funding. The round was led by Suzano Ventures, alongside investors including At One Ventures, Techstars, and others. The company intends to use the funds to scale-up production capabilities and expand its team. Founded in 2021, Simplifyber has developed a novel process for creating bio-based soft goods.
Company Info
Location
raleigh, north carolina, united states
Additional Info
Simplifyber has created a first-of-its-kind manufacturing process that uses plant-based fibers to create entire 3D-shaped soft goods directly, in a single step. Simplifyber's patented process eliminates the need for spinning, weaving/knitting and greatly reduces the need for sewing, and will transform fashion’s supply chain into plant-based 3D manufacturing, at a cost competitive with plastic and polyester.