Hello Haven Raises $15M Pre-Seed from Mayfield for Personal AI ‘Haven’; Ravel Nets $8.2M Seed to Scale Purification Textile Recycling
InfotechLead reports VC funding deals: Hello Haven raised $15 million pre-seed led by Mayfield to build a personal AI digital twin and operating system, while Ravel secured an $8.2 million seed round led by One Small Planet to scale its blended-textile purification recycling technology; additional mentions include Notes.fm and investors like AP Ventures, Overlay Capital and Lichen Ventures.
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.
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.
Ravel raises $8.2M seed round led by One Small Planet to commercialize blended-textile recycling
Ravel raised $8.2 million in an oversubscribed seed round led by One Small Planet to scale its Purification Recycling technology from pilot to commercial production, targeting hard-to-recycle blended textiles like polyester/elastane. The Seattle company will use the funds to commercialize a process that separates and purifies mixed feedstocks into mono-material fibers while minimizing energy use and material damage.
Ravel Raises $8.2M to Scale Elastane-Removal Recycling That Preserves Polyester
Seattle startup Ravel raised $8.2 million to scale a recycling process that removes elastane and dyes while preserving polyester so blended textiles can be recycled more cheaply. The funding will help move its pilot poly-elastane recycling technology toward commercial-scale operations.
Strivve Names Chartway Ventures Lead Investor in Expected Final CUSO-Backed Capital Raise; Velera and Reseda Join
Strivve announced Chartway Ventures as the lead investor in its expected final capital raise, joined by Velera and Reseda Group, through its CUSO subsidiary Strivve CUSO LLC. The funding will support expansion of Strivve's card-on-file placement across more issuers and online merchant and bill-pay destinations.