Pangaia among investments for ambitious new fund - sportstextiles: Lea SportsTextiles

News

Pangaia among investments for ambitious new fund

30/03/2022
A new venture capital fund, Regeneration.VC, has closed a $45 million fund on the basis that “reimagining apparel, food and consumer goods presents a $4.5 trillion opportunity to ensure the prosperity of our species and planet”.

The portfolio features companies including CleanO2, which sequesters and repurposes commercial building emissions into carbon-captured products; Cruz Foam, which transforms aquaculture processing waste streams into a compostable polystyrene alternative; and Pangaia, which champions materials innovation a clothing brand. 

Regeneration.VC Strategic advisor Leonardo DiCaprio said: "We need forward-thinking approaches that perform measurably better for our planet. It's time for people to feel good about their purchases and for businesses to meet that challenge – every bite of food, every t-shirt, every product counts. I am excited to help Regeneration.VC supercharge these solutions and begin to reverse the climate emergency."
 

Related stories:

Spiber and Pangaia brew first-of-a-kind hoodie 08/06/2022
Pangaia releases first 100% Infinna garment 07/04/2022
Partners to test mycelium foam for fashion 23/03/2022
Winners of Microfiber Innovation Challenge share $525,000 prize 17/03/2022
Pangaia and RDD create new, upcycled hues 10/03/2022
Pangaia partners Eon on eco-first ‘digital passports’ 12/05/2021
Pangaia launches biobased C-Fiber 17/02/2021

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.