Congratulations to our client, Fab Materials, on securing pre-seed funding from industry angels and SFC Capital to fast-track the launch of its proprietary recycling technology that converts end-of-life textiles into composite boards.
Delivering zero waste for the fashion industry, Fab Materials is led by CEO John Somerville, an experienced founder specialising in commercialising new technologies.
Supported by Innovate UK and backed by a major UK recycling industry partner, Fab Materials’ patented process diverts mixed textile waste from costly incineration and transforms it into a drop-in alternative to virgin timber in fibre-board production.
Fab Materials’ sustainable feedstock costs less than half the price of the traditional wood fibre that is currently used, presenting a compelling economic and environmental value proposition for board manufacturers.
With textile waste volumes and deforestation increasing worldwide, Fab Materials is positioned to deliver a high-impact, scaleable solution that addresses critical environmental challenges while tapping into a significant and growing global market opportunity.
The round remains open and interested investors can contact greg@pa-capitalpartners.com
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