Unspun, an Oakland, CA-based robotics and apparel company, raised $14m in Series A funding.
The round was led by Lowercarbon with participation from SOSV, Climate Capital, Signia Ventures and MVP Ventures.
The company intends to use the funds to continue to expand its tech development efforts. to expand into hardware with Vega: its new 3D weaving technology.
Co-founded in 2015 by Walden Lam, CEO, Beth Esponnette, CPO, and Kevin Martin, CTO, Unspun is a robotics and apparel company providing low-impact, on-demand manufacturing solutions to the fashion industry. Started with its custom-fit jeans on demand, Unspun has developed Vega™, a weaving tech that transforms yarn into clothes in minutes, enabling brands and manufacturers to streamline and decarbonize their fashion supply chains using automated, localized, and low-impact production.
FinSMEs
15/06/2023