Ravel

Rajani Baburajan / InfotechLead Sep 18

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.

Lisa Stiffler / GeekWire Sep 17

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 / Ravel Sep 17

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.

Dealroom.co Sep 17

Seattle textile-recycling startup Ravel raises $8.2M seed to recycle poly-elastane blends

Seattle textile-recycling startup Ravel raised $8.2 million in a seed funding round to recycle poly-elastane blends.

Paul Bluemner / citybiz Sep 17

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.

Alexandra Harrell / WWD Sep 17

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.

Simon Glover / Ecotextile News Sep 17

Seattle recycling startup Ravel raises $8.2 million to recycle poly-elastane blends into virgin-quality fiber

Seattle-based recycling startup Ravel raised $8.2 million, claiming its purification process can turn poly-elastane blends into virgin-quality fiber. The company says this recycling can be done without requiring a green premium on the product.

Lisa Stiffler / GeekWire Apr 1

GeekWire Names Helion, OCOChem, TerraPower, Ravel, and IUNU as 2026 Sustainable Innovation Award Finalists

The finalists for GeekWire's 2026 Sustainable Innovation Award are energy companies Helion, OCOChem, TerraPower; fashion recycler Ravel; and agtech startup IUNU, recognized for their work combating climate change and sustainability challenges. The award, sponsored by Amazon, highlights Pacific Northwest leaders and culminates in a May 7 celebration in Seattle, with public voting open until April 16.

Lisa Stiffler / GeekWire Mar 11, 2025

Seattle Startup Ravel Raises Pre-Seed Funding to Commercialize Technology Separating Elastane for Textile Recycling

Seattle startup Ravel has developed a proprietary technology that separates elastane from blended fabrics to enable environmentally friendly textile recycling and has raised undisclosed pre-seed funding to expand its deployment. Their process produces cost-competitive recycled plastic pellets for polyester fabric manufacturing, aiming to reduce textile waste going to landfills.

Taylor Soper / GeekWire Sep 13, 2024

Ascend Launches Seattle-Focused Co-Founder Matching Program at Annual Founders Bash

Ascend, an early stage venture firm, launched a Seattle-focused co-founder matching program at its annual Founders Bash, emphasizing the importance of selecting co-founders with complementary skills and past working experience. Entrepreneurs highlight trust and proven partnerships as key factors for startup success.

Lisa Stiffler / GeekWire Sep 26, 2023

PNW Climate Week Panel on Sept. 26, 2023, Urges Climate Tech Startups to Expand Beyond Software

At a PNW Climate Week event on Sept. 26, 2023, climate tech investors from Toba Capital, Elemental Excelerator, and Alante Capital shared insights encouraging startups to look beyond software solutions. The panel emphasized Seattle's potential to leverage its industrial and natural resource strengths to innovate in climate technology.