4 years ago

Responsible Raises €5.8 Million to Power Circular Fashion

  • Responsible, a Belfast-based startup founded in 2021, has raised €5.8 million in Series A funding led by Barclays Sustainable Impact Capital and Techstart Ventures

  • The funding will be used to expand Responsible's reach across Europe, establishing an EU presence early this year

  • Responsible's platform, called 'Buy Back', is designed to promote a circular future in the fashion industry by allowing shoppers to return purchased items for credit at a predetermined price

  • The technology integrates seamlessly with brands' eCommerce and physical stores, providing a user-friendly experience for both shoppers and brands

  • Responsible has already partnered with several brands, including RÆBURN, côte&ciel, Kuyichi, and Kings Of Indigo.

      • ProblemFashion

      "making 5-7% of clothes sold for a second time"

      Solution

      "enabling brands to keep products in circulation, ensuring seamless and low-touch way to embrace a circular future through 'recommerce' technology"

      Covered on