Spread the love

AMSTERDAM – Venture capitalists are missing out on huge opportunities to invest in sustainable technologies for the apparel industry claims a new report by Fashion for Good. It suggests sustainable innovations and solutions currently exist but there is a lack of capital available to scale them in the apparel supply chain. Moreover, it is argued that the lack of investors in this space means there is “relatively little competition.”

The report, called Investing in Textile Innovation, suggests the amount of capital available in the textile innovation space is still small in comparison to “the aggregate financing requirement of the most promising innovators.” It adds: “As a result, access to early and mid-stage venture capital funding consistently crops up as the most pressing element hindering innovators from progressing.”

This is Premium Content

Only user with Online and Print subscription can access this.

If you are a Free Subscriber, click here to upgrade.

If you already have Online or Print subscription Login To Unlock The Content!

Spread the love

Designed and Maintained by Your IT Crew