U.S. startup AlgiKnit secures $13 million in Series A funding

2022-06-30T09:47:00

AlgiKnit

Source: AlgiKnit

AlgiKnit, a North Carolina-based startup with secondary offices in New York City that develops sustainable textiles from seaweed, has received $13 million in a Series A financing led by Collaborative Fund. New investors include H&M CO:LAB, the investment arm of Swedish apparel retailer H&M Group, Starlight Ventures and Third Nature ...

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