Green Story raises 1.1 million euros in funding

Green Story, a platform enabling fashion brands to measure and communicate their sustainability efforts, has raised €1.1 million (US$1.2m).

To advertise their credentials and increase consumer-facing openness, the Dutch firm displays product life cycle assessment (LCA) sustainability data in a visually accessible manner on brand websites.

The funding, led by investor 4Impact, will be used to assist the company to accelerate its growth and getting closer to its objective of empowering 1 billion people to buy more sustainably and understand the environmental effect of their purchases.

Navodit Babel, the co-founder, and CTO of Green Story, said that they built the Green Story solution to make it easy for their customers, the fashion brands, to calculate and publicize their sustainability credentials.

Babel added that they assist their customers in engaging with end consumers, leading their awareness of the positive impact of sustainable products, by providing relatable data points and measurements.

Pangaia, as well as resale portal ThredUp and rental service Rent the Runway, are among the hundreds of sustainable and circular fashion brands with which Green Story has partnered.

Kate Mullord, a partner at 4impact capital, said that every fashion brand with a sustainability story wants to inform its customers. But it’s not always simple to accomplish this without risking getting caught by greenwashing standards. For fashion shops, a trustworthy third party that provides a robust measuring and communication tool is a highly valuable service.

Recent Posts

Avavav, OnceMore launch recycled viscose garments

Avavav has continued its exploration of innovative materials by presenting new garments made with recycled viscose pulp from OnceMore during…

2 days ago

Vegea expands production of GrapeSkin bio-material

Vegea has increased the production capacity of its biobased material, GrapeSkin, as interest grows in alternatives to fossil-based and animal-derived…

2 days ago

Puma, Shincell to develop next-gen NITRO running foam

Puma has announced a partnership with Chinese materials company Shincell to develop the next generation of its NITRO running foam.

2 days ago

Thermore unveils recycled Ecodown Fibers T2T insulation

Thermore, a company in thermal insulation, has introduced Ecodown Fibers T2T. The new free-fibre insulation is produced entirely from recycled…

3 days ago

Eurojersey , Lycra redefine sportswear with utility-focused apparel

Eurojersey, Lycra have collaborated to launch Empowered Play, a new approach to functional apparel where technical performance and comfort come…

3 days ago

Graphene-X introduces first women’s collection with advance fabric technology

Graphene-X has introduced its first women’s clothing collection, expanding its use of graphene-integrated fabrics beyond the men’s and unisex products.

3 days ago