Laurel Secures $55M Series B Funding, Championing Uruguay’s Noble Leather Heritage in Women’s Accessories

Laurel, the distinguished Uruguayan brand renowned for its elegant women’s accessories, proudly announces that it has successfully raised 55,000,000 to propel its vision for a more sustainable and locally rooted fashion industry. Since its inception, Laurel has been committed to celebrating Uruguay’s rich cattle heritage by transforming locally sourced leather into exquisite accessory pieces. Every item is meticulously crafted from leather sourced directly from the country’s premier tanneries, ensuring that each piece not only reflects superb quality and craftsmanship but also supports local suppliers and artisans. This funding marks a significant milestone for Laurel, reinforcing its dedication to sustainable practices and its belief in the native, noble qualities of leather—a material that carries with it centuries of cultural heritage and an enduring connection to Uruguay’s thriving cattle and leather production industry. The newly raised capital will be allocated towards expanding Laurel’s production capabilities, investing in innovative design and technology, and expanding its market outreach both domestically and internationally. By partnering with local tanneries and craftsmen, Laurel aims to enhance every aspect of its production process, ensuring that each accessory not only serves as a fashion statement but also as a testament to sustainable luxury. The company is excited to further invest in its creative team, launch new product lines, and create additional job opportunities within the community. As Laurel continues to redefine contemporary accessories through a blend of tradition and modernity, customers can follow its journey and explore the latest collections on its Etsy shop at www.etsy.com/shop/uyLaurel, or join its interactive community on Facebook at www.facebook.com/laurel.uy.