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Environment Tech Series A Founded 2019

Fairbrics

Developer of synthetic textiles and packaging from recycled CO2 emissions. It utilizes captured carbon dioxide to produce sustainable alternatives for the fashion and packaging industries. The company's processes aim to reduce reliance on fossil fuels and minimize environmental impact while maintaining high-quality product performance. This approach involves reimagining carbon dioxide as a valuable resource,…

📍 Paris, France · Air Pollution Management Tech,

Funding snapshot

Last roundSeries A
Amount$18M
Date17 January 2023
Total raised$8M
Valuation15,709,922 (Feb 25, 2022)
Team size32

About

Developer of synthetic textiles and packaging from recycled CO2 emissions. It utilizes captured carbon dioxide to produce sustainable alternatives for the fashion and packaging industries. The company's processes aim to reduce reliance on fossil fuels and minimize environmental impact while maintaining high-quality product performance. This approach involves reimagining carbon dioxide as a valuable resource, contributing to a more circular economy. The company was founded in 2019 and headquartered in Paris, France. It has raised $8.2M in series a funding, with backing from EUROPA, AP Ventures, H&M Group Ventures, Salida, and others. The company operates in the Environment Tech - Air Pollution Management Tech, Sustainability Tech - Air Pollution Management Tech, High Tech - Advanced Materials space. Its offerings span Advanced Materials - Textile - Sustainable Fabrics.

Business model

Advanced Materials > Textile > Sustainable Fabrics,

Fashion Tech > Innovative Materials > Sustainable Fabrics > Carbon to Textile,

Air Pollution Management Tech > Carbon Management > Carbon Capture > Carbon to Materials > Textiles

Institutional investors

EUROPA AP Ventures H&M Group Ventures Salida Entrepreneur First Stupendous SGH Capital Chenavari Fashion For Good Canopus Advisors Sake Bosch Michael Gryseels Guillaume Bouchard Tom James Stuart Gardner

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