Refiberd Secures $3.4M Seed Round to Revolutionize Textile Recycling With Intelligent Sorting Technology

Refiberd is proud to announce a significant milestone in our journey toward revolutionizing textile recycling, having successfully raised $3,400,000 in our latest funding round. This investment marks a major step forward for our mission of empowering the fashion industry with intelligent sorting technology that ensures the efficient and precise recycling of textiles. At a time when sustainability and circularity are more critical than ever, our innovative solution is designed to streamline textile-to-textile recycling processes, reduce waste, and promote a closed-loop system where every piece of fabric can have a renewed purpose. The funds raised will be strategically allocated to accelerate research and development efforts, refine our intelligent sorting algorithms, and expand our state-of-the-art technology to meet growing market demands. Additionally, the investment will support scaling operations, integrating advanced automation into our sorting systems, and establishing key partnerships with industry leaders who share our vision for a more sustainable fashion future. By combining technological ingenuity with a commitment to environmental stewardship, Refiberd is uniquely positioned to lead the transition toward true circularity in the textile sector. This funding is not only a vote of confidence in our capabilities but also a catalyst for the significant transformations required to address the pressing challenges of textile waste and resource inefficiency. As we continue to innovate and deliver cutting-edge solutions, we remain dedicated to building a resilient and eco-friendly fashion industry where sustainability drives progress and prosperity for all stakeholders.