ImpactAlpha, November 14 – For Days is working to reduce textile waste through a t-shirt service that allows members to trade in and recycle old shirts for new ones.
As much as 85% of the U.S.’s annual production of 16 million tons of clothing, footwear, and other textiles ends up in a landfill. Textile waste accounts for just over 6% of municipal solid waste.
For Days is trying to divert some of the most frequently replaced wardrobe items from landfills, starting with t-shirts. It makes cotton t-shirts in basic styles and colors at a factory in Los Angeles. Customers can enroll in an annual membership program starting at $38, and swap each shirt in for a new one for $8 each time. Those old shirts get recycled into yarn and re-spun into shirts.
The company launched publicly in September. Its $2.8 million seed round was led by Rosecliff Ventures and Collaborative Fund, and joined by Congruent Ventures, Third Prime Capital, Closed Loop Ventures, Bleu Capital, Gramercy Fund, and Ride Ventures, TechCrunch reports.
