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The Renewal Workshop raises €5 million to help fashion brands go circular

ImpactAlpha, December 11 – Startups are helping minimize the environmental footprint of mainstream fashion with waterless dyes, online thrift stores, and clothes made of recycled materials. The Renewal Workshop is bringing all of these ideas directly to clothing manufacturers to help improve the circular economy factor of their designs.

The Oregon-based company works with brands like The North Face and H&M to renew existing products, analyzes companies’ operations, and offers them a “circular map” and workshops on how to implement more eco-friendly practices. It also sells “renewed” products from partners directly on its website.

The company’s goal is to reduce textile waste in landfills by a million pounds by 2025.

Social Impact Ventures, SHIFT Invest, Quadia, Closed Loop Ventures and Gratitude Railroad invested €5 million in the company, ImpactAlpha has learned. The funding will support The Renewal Workshop’s expansion to Europe.

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