Ravel announces $8.2M seed round to scale Purification Recycling™ for blended textiles to price parity
Ravel announced an oversubscribed $8.2M Seed round to scale its Purification Recycling™ technology that converts blended textile waste (including polyester/elastane) into high-purity recycled material, aiming for price parity with virgin inputs. The funding, led by One Small Planet with participation from AP Ventures, Overlay Capital, Lichen Ventures and existing investors, will support scaling from a Seattle pilot to commercial operations and partner validation.
More: Ecotextile News, WWD, InfotechLead, citybiz
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Ecotextile News / Simon Glover: Seattle recycling startup Ravel raises $8.2 million to recycle poly-elastane blends into virgin-quality fiber
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WWD / Alexandra Harrell: Ravel Raises $8.2M to Scale Elastane-Removal Recycling That Preserves Polyester
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InfotechLead / Rajani Baburajan: Hello Haven Raises $15M Pre-Seed from Mayfield for Personal AI ‘Haven’; Ravel Nets $8.2M Seed to Scale Purification Textile Recycling
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citybiz / Paul Bluemner: Ravel raises $8.2M seed round led by One Small Planet to commercialize blended-textile recycling
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