What does Simplifyber do?
Simplifyber is a pioneering bio-based materials company that has developed a proprietary natural fiber liquid known as Fybron™. Their innovative process bypasses traditional soft goods manufacturing steps, such as spinning, weaving, cutting, and sewing, enabling the creation of fully bio-based and biodegradable products.
How much did they raise?
The company raised USD12M in a Series A round led by Suzano Ventures, with participation from investors including At One Ventures, Techstars, Plug and Play Sustainability Fund, One Small Planet, Staddle Holdings, Collateral Good, M.I.H. Capital, Overlay Capital, and Meliorate Partners. This round follows a USD4.2M Seed round completed in July 2022.
What are their plans for the money?
Simplifyber intends to use the funds to scale up production capabilities, expand its team, and develop new applications, building on the momentum from successful collaborations. This investment is expected to accelerate growth and expand the application of its innovative, sustainable materials technology.
What have they achieved so far?
The company has already demonstrated the potential of its technology with its debut product—a cellulose-based shoe upper showcased at Paris Fashion Week in collaboration with Danish fashion label GANNI.
