Simplifyber, a Raleigh, North Carolina-based bio-based materials company, raised US$12m in Series A funding.
The round was led by Suzano Ventures, the corporate venture capital arm of wood pulp supplier, Suzano, alongside investors including At One Ventures, Techstars, Plug and Play Sustainability Fund, One Small Planet, Staddle Holdings, Collateral Good, M.I.H. Capital, Overlay Capital, Meliorate Partners, and others. This Series A round followed on from a US$4.2m Seed round completed in July 2022.
The company intends to use the funds to scale-up production capabilities and expand team, building on momentum following collaborations with brands including Danish fashion label GANNI, besides developing new applications.
Founded in 2021 and led by Maria Intscher-Owrang, CEO, Simplifyber has developed a novel process that bypasses many of the production steps required in traditional soft goods manufacturing, such as spinning, weaving, cutting, and sewing. The company has developed a proprietary natural fiber liquid known as Fybronā¢, that can be injected into 3D molds to create a variety of soft goods, which in many applications is fully bio-based and biodegradable.
Simplifyber has already demonstrated the potential for its technology in the footwear industry. The companyās first product ā a shoe upper made from cellulose-based material ā was unveiled at Paris Fashion Week in September 2024 through a collaboration with the brand GANNI.
FinSMEs
10/04/2025