funding

Manchester-based sustainable fashion brand launched after funding round

After two years of self-funded research and development into the highest quality sustainable fabrics and material compositions, Manchester-based womenswear brand SHIBUI has now decided to broaden its shareholder base after launching its first collection. Founded in 2020, SHIBUI is a sustainable athleisure brand based in the Northern Quarter of Manchester, with the debut collection focusing …

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Governor Hochul Announces $10 Million in Funding for the Fashion Innovation Center During New York Fashion Week

Governor Kathy Hochul today announced $10 million in state funding for the Fashion Innovation Center, which will foster a collaborative approach to using smart, sustainable textiles produced by New York State. Empire State Development will lead the creation of a consortium-led FIC, which will utilize expertise from New York State universities, farms, fashion industry leaders …

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Funding for Lily AI, New Dean of SCAD, Royal Perfume of Penhaligon

NEW FUNDING: Lily AI, a product attribute platform that ensures fashion companies and consumers speak the same language, closed a $25 million Series B round. The round saw participation from new and old investors including Canaan Partners, Conductive Ventures, Sorenson Ventures and New Enterprise Associates. The new financial backing is intended to support the California-based …

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Sovereignty Company launches SO.TY with funding for sustainable fashion brands BIPOC

SO.TY by Sovereignty Company, a non-profit and circular social enterprise serving fashion … [+] entrepreneurs of color. They aim to collectively address issues of climate change and inclusion in the industry and the global fashion community. Courtesy of Sovereignty Company Many businesses and organizations create communities of color through charities. We have witnessed a push …

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