C16 Biosciences
Series A in 2020
C16 Biosciences develops palm oil alternatives through microbial fermentation, producing high-performance lipids and oils to replace palm-derived ingredients in food, beauty, and consumer products. Using its fermentation platform, the company aims to deliver sustainable ingredients without conventional palm oil supply chains, reducing environmental impact. It markets Palmless, a platform for sustainable ingredients, and has introduced Torula oil, a bioactive oil with reported benefits for skin and hair health. Founded in 2017 and based in New York, C16 Biosciences serves food manufacturers, refiners, traders, and brands by providing reliable, environmentally friendly ingredients across beauty, personal care, home care, and food markets.
MycoWorks
Series A in 2020
MycoWorks is a biotechnology company specializing in the production of non-plastic and non-animal materials. Utilizing fungal mycelium, they create energy-efficient and biodegradable alternatives to plastic foams, textiles, woods, and leather for various industries such as aerospace, automotive, apparel, and architecture.
Evrnu is a textile innovations company that specializes in producing engineered fibers from discarded clothing. By employing advanced regenerative fiber technologies, the company transforms textile waste into high-quality fiber sources. Its process involves breaking down cotton garment waste to the molecular level and reconstructing it into new, useful products. Evrnu's offerings include regenerative cellulosic and polyester fibers, as well as recoverable stretch materials, which provide significant environmental benefits. Through these innovations, Evrnu aims to create a circular ecosystem in the textile industry, promoting sustainability and reducing waste.
Dropel Fabrics
Angel Round in 2017
Dropel Fabrics specializes in designing and supplying hydrophobic textiles, offering innovative spill and stain repellent fabrics primarily made from premium cotton. Founded in 2015 and based in New York City, the company employs advanced material science and cotton processing techniques to create clothing that is both stain-proof and spill-proof, effectively combining the performance qualities of synthetic materials with the softness and breathability of natural fabrics. This approach allows customers to remain clean, dry, fresh, and comfortable in their apparel. Dropel has received recognition for its innovative contributions to the industry, including awards at notable events such as Demo China’s Silicon Valley Summit and SXSW Interactive, where it was named a finalist for World Technology.
VitroLabs
Seed Round in 2017
VitroLabs specializes in 3D tissue engineering, focusing on the development of real leather using stem cell-based technologies. Founded in 2016 and based in San Jose, California, the company aims to create luxury quality lab-grown leather with a low carbon footprint, thereby reducing harm to animals.
Worn Again Technologies
Venture Round in 2016
Founded in 2005, Worn Again Technologies offers an innovative chemical textile recycling process. This technology breaks down old clothing and textiles, recapturing raw materials to reintroduce into the supply chain as new, promoting a waste-free circular economy for textiles.
Diamond Foundry
Series A in 2015
Diamond Foundry Inc. is a United States-based manufacturer of diamonds for both the jewelry and semiconductor industries. The company utilizes proprietary technology to produce tetrahedrally crystallized carbon, which exhibits numerous extreme properties. Diamond Foundry's approach allows for diamond production at a scale comparable to traditional mining, but without the associated social and environmental impacts. Operating in a zero-emission foundry, the company emphasizes sustainability, offering high-quality diamonds that are equivalent to natural gems while eliminating the negative consequences of mining. Through its VRAI brand, Diamond Foundry provides innovative diamond jewelry directly to consumers, while also supplying semiconductor solutions that address critical performance challenges, such as heat dissipation in advanced technologies including electric vehicles and 5G communications.
Reformation
Series A in 2015
Reformation designs limited-edition clothing collections in its downtown Los Angeles factory, enabling swift trend reflection. By eliminating middlemen and selling directly through boutiques and online, Reformation controls costs and offers savings to customers. The company prioritizes sustainability by sourcing vintage garments and eco-friendly fabrics, incorporating green practices throughout its supply chain.