What does Refiberd do?
Refiberd develops intelligent sorting technology that can be integrated into existing recycling infrastructures to accurately process textiles, turning textile waste into new, usable fibers.
How much did they raise?
The company raised $300K in a series unknown funding round, with eBay Ventures as the lead investor. This investment was awarded after Refiberd was crowned the overall Circular Fashion Innovator of the Year.
What are their plans for the money?
The funds will be used to scale Refiberd's operations and enhance its development efforts, potentially expanding the integration of its technology into broader recycling systems and improving the sustainability of textile recycling.
What have they achieved so far?
Refiberd's recognition as the overall Circular Fashion Innovator of the Year highlights its progress in developing a revolutionary approach to textile recycling.
