Collaborative Fund: Materials Innovator Algiknit Closes $13 Million Series A To Transform The Textile Industry's Environmental Impact

MORRISVILLE, N.C. - June 29, 2022 - Today, AlgiKnit, the materials innovator creating eco-conscious yarns from kelp, announces $13 million in Series A funding to lower the textile industry's environmental impact by accelerating its journey to scale. The round, led by Collaborative Fund, marks the start of a new phase of growth and collaboration for [...]