H&M Co:Lab news and archive

AlgiKnit secures 13 million US dollars in funding

Materials innovator AlgiKnit, which creates eco-conscious yarns from kelp, has closed a 13 million US dollars Series A funding round led by Collaborative Fund. The round was also supported by H&M Group’s investment arm H&M Co:Lab, Starlight Ventures, Third Nature Ventures, and features ongoing support from previous investors Horizons Ventures...

Business

Start-up Aday secures 2 million dollars in funding

Start-up Aday, which aims to simply consumer wardrobes with its line of durable, technical and sustainable womenswear, has secured 2 million dollars in its latest funding round including investment from H&M Co:Lab, H&M’s venture capital arm. Additional investment also came from ADG, a consumer tech-focused fund and SoGal Ventures. As part of the...