Byborre raises €3.2m for sustainable textile development
Amsterdam-based textile innovation brand Byborre has raised €3.2 million in a series A round. The funding will be used to accelerate the company’s on-demand textile platform and expand its global on-demand production network.
The funding was led by Shift Invest and existing investor Amsterdam Climate & Energy Fund, along with existing angel investors.
Byborre, which positions itself as a service, produces on-demand using existing capacity of its production partners. Describing the textile industry as having inefficient production processes, high energy demand and unnecessary transports of goods and people, Byborre said it is inviting other brands to work with the platform to find new ways to create sustainable textiles.
“We are in contact with textiles almost every minute of the day from the moment we are born, and therefore it's fascinating that this very traditional industry has not been disrupted and revolutionised for the last decades,” said Borre Akkersdijk, co-founder and creative director at Byborre.
Arnoud Haverlag, CEO and co-founder at Byborre said Amsterdam is the “go-to-place for textile innovations, since the region has a strong reputation when it comes to creativity, digital talent, innovation and sustainability”.
