Ravel
Facts
- HQ
- Seattle, Washington, USA
- Sectors
- Recycling, Circular textiles, Sustainable materials, Clean technology
- Stage
- Seed
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.
People
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John Goods Founder, Co-founder and Chief Technologist
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Zahlen Titcomb Founder, Co-founder and CEO, CEO, Co-Founder
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Kristen Albrecht Executive, Chief Sustainability Officer and Vice President of Operations, Co-Founder and COO, Co-Founder
