Textile recycler Tyton BioSciences receives $8 million investment from Tin Shed Ventures and others

February 19, 2020
Accelerating Materials Innovation
Very important

Patagonia's investment arm, Tin Shed Ventures, along with Marubeni America, Card Sound Capital, and Alante Capital, has invested $8 million in Tyton BioSciences to accelerate its market entry and scaling operation. The textile recycling startup will use the funds for its textile recycling equipment, intellectual property, and salaries. While this funding will accelerate process development and scaling, the company must secure a feedstock supply, as municipal textile collection infrastructure in the U.S. lags significantly behind Europe. Tyton BioSciences will need to partner with city and government waste management facilities, nonprofit organizations, and apparel brands to build a closed-loop textile recycling system. 

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