8 years ago

E-Leather Secures £70 Million Funding to Expand Eco-Leather Production

  • E-Leather, a UK-based global leader in patented high-tech materials technology, raised £70M in funding led by ETF Partners in partnership with funds managed by Hermes GPE

  • The company will use the funds to invest in a state-of-the-art facility to meet demand from a range of sectors, from aviation and transport through to consumer sectors

  • E-Leather makes eco leather, designed and manufactured to provide an advanced upholstery and cladding material that can meet specific performance criteria

  • Earlier this year, the company entered a long-term strategic innovation partnership with Nike to introduce a new performance material, Nike Flyleather.

      • ProblemTechnology

      "Fossil-fuel-based leather production is contributing to environmental pollution and waste."

      Solution

      "E-Leather's eco leather, made from at least 50% recycled leather fibers, is a sustainable and high-performance alternative to traditional leather."

      Covered on