Ravel closes $8.2M seed to recycle blended textiles
Textile recycling startup Ravel has secured an $8.2 million seed round after demand exceeded expectations. The funding, led by One Small Planet, includes participation from AP Ventures, Overlay Capital, and Lichen Ventures. The company focuses on turning blended fabrics back into raw materials.
Sources: finance.yahoo.com
“The oversubscribed round signals growing investor appetite for textile recycling, a sector still struggling with scalability despite rising sustainability pressures.”
What it means
Most textile recycling solutions target single-fiber materials, leaving blended fabrics—a major portion of textile waste—unaddressed. If Ravel’s technology proves commercially viable, it could fill a critical gap in circular fashion. Success will depend on cost-competitive output and partnerships with large apparel brands, which remain cautious about recycled feedstocks.
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