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Adidas, Bestseller Behind Infinited Fiber’s $35M Raise

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Circular fashion and textile technology company Infinited Fiber Company has secured investments of 30 million euros ($35.53 million) in its latest financing round completed on June 30. The round also brought Infinited Fiber new investors, including sportswear company Adidas, Invest FWD A/S–Bestseller’s investment arm for sustainable fashion–and investment company Security Trading Oy. Among the existing…

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