3 years ago
Unfolded Secures £1.2 Million Pre-Seed Funding to Scale Sustainable Clothing Platform
Unfolded, a UK-based provider of a sustainable clothes production platform, has raised £1.2 million in Pre-Seed funding led by Techstart Ventures, with participation from Solid Bond, FJ Labs, Sweetspot Capital, and Pareto Holdings
The company intends to use the funds to expand its operations and business reach
Unfolded's platform aims to eliminate waste by designing clothes in conjunction with shoppers and producing after orders are placed
They have built a factory-to-consumer supply chain and have already grown to over 10,000 customers in the UK.
ProblemFashion
"Producing clothes creates a huge amount of waste. Current fashion brands design and produce large batches of clothes, many of which go unsold and end up in landfills. This is unsustainable and unethical."
Solution
"Unfolded is a clothes production platform that designs and produces clothes on demand, only making items after they are ordered. This eliminates waste and ensures that every item is made to order, reducing the environmental impact of clothing production."