Ravel raises $8.2M to scale tech that removes elastane (spandex) from clothing and makes recycled polyester pellets
Seattle startup Ravel raised $8.2 million to scale its technology that removes elastane (spandex/Lycra) from blended fabrics and converts it into recycled plastic pellets for polyester production, enabling commercial-scale validation with textile partners; the process is marketed as energy-efficient and waste-minimizing.
OMore: Ecotextile News, Ravel, InfotechLead, citybiz, WWD
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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
- Ravel: Ravel announces $8.2M seed round to scale Purification Recycling™ for blended textiles to price parity
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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
- Also at: WWD
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