23 Jun Thread Raises $3.5M to Scale Transformation of Trash Into Dignified Jobs, Useful Products | Sustainable Brands

Thread Raises $3.5M to Scale Transformation of Trash Into Dignified Jobs, Useful Products | Sustainable Brands

Posted on Sustainable Brands, this article described how Thread, a Certified B Corporation company, has the potential to disrupt the textile industry with its ‘Ground to Good’ fabric up cycling model, and transparent manufacturing and supply chain.

“Pittsburgh-based startup Thread announced today it has closed a Series A Round of $2.8M, led by Draper Triangle Ventures, to create upcycled fabric from plastic waste collected in developing countries. The financing, which completes a $3.5M funding cycle, will help expand production capabilities, while growing data and content collection throughout Thread’s unprecedentedly clean, transparent supply chain.”

Click to read full article: Thread Raises $3.5M to Scale Transformation of Trash Into Dignified Jobs, Useful Products | Sustainable Brands

Image credit: Thread