Ambercycle, a Los Angeles, CA-based company providing molecular regeneration technology for the fashion industry, raised US$5M in funding.
The round was led by Drive Catalyst.
The company intends to use the funds to support the scale-up of cycora®, its circular polyester made from end-of-life textile waste.
Led by Shay Sethi, CEO and Founder, Ambercycle provides molecular regeneration technology. its flagship product, cycora®, a regenerated polyester, is made from end-of-life textiles.
FinSMEs
03/11/2023