Circular Economy

Chicago’s Hyfé Foods, a developer of mycelium flour, has closed an oversubscribed pre-seed raise, netting $2 million. The round was led by The Engine, a Massachusetts Institute of Technology-offshoot venture firm. Blue Horizon, Caffeinated…
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Popular reality television show Love Island is soon to launch for its eighth season. This year it is putting pre-loved clothing on the agenda by partnering with eBay UK as its outfit provider. The move represents a colossal shift as for…
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Karla Welch is a Los Angeles stylist who has worked with some of the biggest names in show business. Her looks have adorned supermodel Karlie Kloss, Oscar winner Jennifer Lawrence and tennis legend Serena Williams, to name a few. Alongside…
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Washington-based recommerce tech Recurate has secured $14 million in a Series A funding round, led by Jump Capital. The raise is the second-biggest for a resale platform, with the company seeking to target the peer-to-peer market. Previous…
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The Body Shop is installing refill stations in almost half of its U.S. stores (the chain currently operates 85 stores in the country). By the end of 2022, 49 percent of locations will play host to a refill facility, designed to help…
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Scandinavian brand Ganni is proving that the circular fashion economy never goes out of style. Having already launched its Ganni Repeat initiative, it has now integrated a peer-to-peer resale platform designed to make secondhand shopping a…
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Online retail giant Ebay has launched a new marketplace. Ebay Imperfects offers a way for clothing brands to sell new but not QC-passed pieces to consumers looking for a bargain. The initiative will save shoppers up to 60 percent on retail…
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New York-headquartered Tulu has netted £20 million in a Series A round, led by VC New Era Capital Partners, with participation by Robert Bosch Venture Capital, Kärcher New Venture and Round Hill Ventures. Previous investors doubled down in…
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By: Samantha Sharpe, Monique Retamal, Taylor Brydges, University of Technology Sydney. If things don’t change fast, the fashion industry could use a quarter of the world’s remaining global carbon budget to keep…
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Natural Fiber Welding (NFW) just confirmed it has closed an $85 million Series B funding round. Evolution VC Partners led the round, with Tattarang, Lewis & Clark Agrifood, Collaborative Fund and others participating. BMW iVentures and…
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The United Nations moves to build a "Blue Deal" coalition that will preserve oceans and create a sustainable, seaweed-based ocean economy. Ahead of the 2022 UN Ocean Conference taking place in Lisbon in June, the United Nations…
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The European Commission has taken mass consumption to task by proposing new rules for product quality. Moving forward, all clothes, furniture and smartphones sold within Europe will need to be demonstrably longer-lasting and simpler to…
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Global resale platform Vestiaire Collective has acquired fellow industry peer Tradesy. The two secondhand platforms represent a global commitment to promotion of a circular fashion model. Both companies were launched in 2009, in Paris and…
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Pandamart Singapore, an online cloud grocery store, has entered into a partnership with free-sharing app Olio. The two are working together to reduce food waste in the Lion City by redistributing unsold food, for free, within local…
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People in affluent countries can contribute to halting the climate crisis by making six lifestyle changes, a new study has found. Research was conducted by Leeds University, with findings being verified by engineering firm Arup and the C40…
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Deliveroo HK is taking steps to reduce food packaging waste generated by its restaurant partners. The delivery giant is investing HK$2 million to incentivise a scheme that will encourage restaurants to use plastic-free packaging for their…
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Comfort is key when carrying a baby, so it can be hard to retain your consumer ethics when all you want is that perfect pair of slouchy harem trousers. Suddenly, a sponsored advert pops up on social media, showing exactly what you want,…
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Re is a circular economy platform founded around the principle of reusing items and recieved £3 million to bring their system to more retailers. Re was launched by Beauty Kitchen to stop the influx of single-use plastic in the beauty…
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New Zealand eco-footwear startup Orba says it has created the world’s first biodegradable eco sneakers. The shoes are designed to fully fall apart and decompose at the end of their life, leeching no toxins into the soil. They have been…
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Changing Markets Foundation Launched a new website during London Fashion Week, held last month. The virtual computer game-style site shines a light on greenwashing and outs major offenders, via a virtual laundrette. The stunt was supported…
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In what's being hailed as an historic moment in the fight against plastic waste, the United Nations has adopted a resolution that will hold member nations legally accountable for their contributions to the global plastic pollution crisis.…
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