SAC secures funding for supply chain due diligence
The Sustainable Apparel Coalition (SAC) has entered into a partnership with the Initiative for Global Solidarity (IGS) and secured EUR1m…
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MycoWorks to launch full-scale Mycelium plant on $125m funding
US start-up MycoWorks has secured US$125m in Series C funding to launch the first full-scale Fine Mycelium production plant.
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True Fit raises $30m in funding on 85% revenue jump
Global data and software firm True Fit has raised US$30m in a growth round after an 85% jump in revenue…
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Nike receives funding for apparel recycling project
US sportwear brand and retailer Nike is being awarded US$0.5m worth of funding for an apparel recycling project as part…
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Hugo Boss inks first ESG-linked financing facility
German luxury fashion brand Hugo Boss has taken out a revolving syndicated loan with a sustainability focus for the first…
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Allbirds valued more than $4bn following IPO stock surge
Eco-friendly sneaker firm Allbirds raised more than US$300m in its initial public offering (IPO) on Wednesday (3 November).
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Merchant Bay in funding win for RMG digitisation project
Merchant Bay, a Dhaka-based readymade garment startup, has raised US$260,000 in pre-seed funding to help with a digitisation project for…
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Maersk fashion logistics acquisition to shore up e-commerce
Global logistics company AP Moller Maersk has announced the acquisition of HUUB, a Portuguese cloud-based logistics start-up, specialised in technology…
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