How Much Did Ambercycle Raise?
Funding & Key Investors

Ambercycle, a pioneer in the materials science sector, has successfully secured significant capital to advance its mission of eliminating waste within the global fashion industry. The company, which has reached a total funding milestone of $36.7M, continues to attract high-profile backing from strategic partners committed to circularity. Most recently, the firm closed a round totaling $0, reinforcing its trajectory toward industrial-scale production of its proprietary regenerated materials. This infusion of investment underscores the growing market demand for sustainable textile alternatives that do not compromise on quality or performance.

The company's growth trajectory has been marked by a series of strategic financing events, beginning with early debt instruments and evolving into substantial equity rounds involving major global fashion conglomerates and investment firms. By securing this latest capital, Ambercycle is well-positioned to accelerate the deployment of its cycora technology, effectively bridging the gap between end-of-life textile waste and high-performance fabric production.

What is Ambercycle?

Ambercycle
ManufacturingTextiles & Apparel

Founded in 2015 and headquartered in Los Angeles, Ambercycle operates at the intersection of deep technology and sustainable fashion. The company is dedicated to creating an ecosystem for infinite textiles, primarily through its breakthrough cycora technology. This innovation allows for the molecular regeneration of end-of-life textile waste into premium, virgin-quality materials. By addressing the systemic inefficiencies of the traditional fashion supply chain, Ambercycle provides a scalable solution for brands looking to reduce their environmental footprint and transition toward a circular business model. The company's market position is bolstered by its ability to integrate directly into existing manufacturing processes, making it a critical partner for global retailers seeking to meet ambitious sustainability targets.

How much funding has Ambercycle raised?

Ambercycle has raised a total of $36.7M across 4 funding rounds:

2021

Debt

$123K

2022

Series A

$21.6M

2023

Other Financing Round

$5M

2024

Other Financing Round

$10M

Debt (2021): $123K with participation from PPP

Series A (2022): $21.6M led by BESTSELLER Fashion Group CO., Kirkbi, H&M Group, Zalando, and Temasek

Other Financing Round (2023): $5M supported by DRIVE Catalyst

Other Financing Round (2024): $10M featuring Shinkong Synthetic Fibers

Key Investors in Ambercycle

BESTSELLER Fashion Group CO.

A major fashion retailer operating thousands of concept stores across China, focusing on market-leading brands like Jack & Jones and Vero Moda.

Kirkbi

The private holding and investment company behind the LEGO Group, specializing in long-term, sustainable investments across diverse global sectors.

H&M Group

A Swedish multinational clothing-retail giant with a significant global footprint, actively investing in circular economy solutions to transform the fashion industry.

What's next for Ambercycle?

With the recent influx of capital, Ambercycle is poised to transition from pilot-scale operations to full-scale commercial manufacturing. The strategic focus will likely center on expanding production capacity for cycora to meet the increasing demand from global fashion partners. Furthermore, the company is expected to deepen its integration within the textile supply chain, fostering partnerships that streamline the collection and processing of post-consumer waste. As the firm matures, its ability to maintain cost-competitiveness against conventional synthetic fibers will be the primary driver of its long-term market adoption and industry influence.

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Frequently Asked Questions Regarding Ambercycle Financial Insights

What are the most recent funding rounds that Ambercycle has completed, and what were the funding rounds?
Ambercycle has recently completed 3 funding rounds: Other Financing Round on Sep 18, 2024, Other Financing Round on Nov 3, 2023, Series A on Jan 4, 2022.
What is the total amount of funding Ambercycle has raised to date?
Ambercycle has raised a total of $36.7M in funding to date.
How many funding rounds has Ambercycle completed?
Ambercycle has completed 3 funding rounds.
How much funding did Ambercycle raise in its most recent funding round?
Ambercycle raised $10M in its most recent funding round.
Who are the lead investors in Ambercycle's latest funding round?
The lead investor in Ambercycle's latest funding round was Shinkong Synthetic Fibers. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Ambercycle's history?
The largest funding round in Ambercycle's history was $21.6M.
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