Artesian VC
Artesian VC is an alternative investment management company that specializes in early-stage venture capital, particularly in the clean energy sector. Established in 2004 after spinning out from ANZ Banking Group, the company has evolved to manage a range of specialized funds, with a focus on seed and follow-on investments in startups sourced from approved accelerators, incubators, and academic programs. Artesian's investment strategy emphasizes partnerships with leading organizations in the startup ecosystem, enabling it to identify and support high-potential ventures. With offices in Sydney, Melbourne, Shanghai, New York, London, and Singapore, the company has built a global presence and has successfully raised over AUD 255 million for its various funds. Additionally, Artesian has expanded its reach through initiatives like its China VC Fund and plans for a Southeast Asia VC Fund, underscoring its commitment to fostering innovation in diverse markets.
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Past deals in Textiles
Modern Synthesis
Seed Round in 2025
Modern Synthesis is a biotechnology company that develops biofabricated materials by converting bacterial nanocellulose, a by‑product of fermentation, into sustainable textiles and coatings. Its materials offer performance and aesthetics without plastics, petrochemicals, or animal inputs, enabling durable options for the fashion industry and beyond. The process leverages abundant raw materials and integrates with existing manufacturing infrastructure to scale production without starting from scratch, helping brands replace animal leather and plastic‑based textiles while reducing environmental impact and expanding design possibilities.
BlockTexx
Series B in 2024
BlockTexx is an early-stage clean technology company focused on recovering polyester and cellulose from textiles and clothing. Utilizing a patent-pending process developed in Australia, the company employs chemical recovery technology and advanced manufacturing techniques to produce high-quality recycled materials, specifically rPET pellets and cellulose powder, from textile waste. BlockTexx operates at the end of the value chain, targeting the significant environmental impact and revenue potential associated with raw materials and end-of-use solutions. Its innovative multi-fiber recycling ecosystem diverts textiles from landfills, promoting a sustainable future for the global textile recycling industry.
GALY
Venture Round in 2021
GALY is a United States–based biomaterials company that grows cotton from cells in a laboratory rather than from field crops. Using a proprietary method, it produces cellular cotton to supply textile materials, including yarns, for clothing brands and textile manufacturers. The process eliminates farmland requirements, minimizes water use, and avoids pesticides and insecticides, offering a sustainable, traceable, and ethical raw material with a lower environmental impact.
BlockTexx
Seed Round in 2019
BlockTexx is an early-stage clean technology company focused on recovering polyester and cellulose from textiles and clothing. Utilizing a patent-pending process developed in Australia, the company employs chemical recovery technology and advanced manufacturing techniques to produce high-quality recycled materials, specifically rPET pellets and cellulose powder, from textile waste. BlockTexx operates at the end of the value chain, targeting the significant environmental impact and revenue potential associated with raw materials and end-of-use solutions. Its innovative multi-fiber recycling ecosystem diverts textiles from landfills, promoting a sustainable future for the global textile recycling industry.
QOOWEAR
Pre Seed Round in 2018
QOOWEAR is a company that specializes in developing wearable hardware and software technologies aimed at enhancing the safety and productivity of industrial workers in extreme environments. The company focuses on creating artificial intelligence-based apparel technology that regulates body temperature in response to surrounding conditions. Its product line features two-piece winter apparel made from advanced technical fabrics, which incorporate integrated sensor systems and AI algorithms. Additionally, these garments include geo-tagging capabilities, enabling users such as workers, athletes, and outdoor enthusiasts to maintain body heat and safeguard themselves against harsh cold conditions encountered in challenging terrains.
Fame and Partners
Seed Round in 2014
Fame & Partners is a women's apparel platform specializing in custom-made, bespoke clothing for special occasions. The company offers a range of products including ball gowns, evening gowns, and wedding suits, all produced ethically with an emphasis on reducing environmental impact through made-to-order manufacturing. By celebrating individuality, Fame & Partners helps women craft unique looks tailored to their personal styles and body types.
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