Stella McCartney partners with Collaborative Fund to launch $200M Sustainability Fund

Stella McCartney has partnered with venture capital firm, Collaborative Fund to invest in and support entrepreneurs building a more sustainable future.

The SOS fund, will initially invest $200 million in climate solutions and founders for better businesses. McCartney said that she has been a part of SOS since “day 1” and that the organization has already invested in innovative and trailblazing businesses, such as Bolt Threads, the company that created Mylo leather.

Craig Shapiro, founder and managing partner of Collaborative Fund, said that beyond her work as an exceptional designer and entrepreneur, Stella is a well-known environmental activist, a champion of animal rights, a lifelong vegan, a pioneer in sustainable materials, and an overall great person.

As investments migrate to alternative materials, research from Infinium Global Research indicates that the vegan leather industry might reach up to 89.6 billion dollars by 2025.

The corporation said in a report published in 2020 that changing customer behavior and escalating environmental concerns are driving demand for animal-free products and leather alternatives.

Recent Posts

trinamiX to use NIR technology for supply chain transparency

trinamiX is helping manufacturers, recyclers, sorters, and brands improve material identification through its mobile near-infrared spectroscopy technology.

5 hours ago

Bezos Earth Fund to develop next-gen materials for fashion industry

The Bezos Earth Fund has announced an investment of $34 million to support the development of new materials for the…

6 hours ago

STCH to launch Fabric GPT for innovative fabric development

STCH is working on a system called “fabric GPT.” This tool is trained on large amounts of data related to…

6 hours ago

Adsorbi launches cellulose-based filters for air purification

Adsorbi has announced the launch of Arbomax, a new range of high-capacity filter materials made from cellulose and designed for…

1 day ago

Strataglass launches marine fabric for enhanced performance

Strataglass LLC has introduced Latitude, a new marine fabric designed for use in vinyl enclosure products.

1 day ago

Kia, Bcomp use bio-based materials in automobiles

Kia introduced its Vision Meta Turismo concept car, reimagining a 1960s saloon, combining elegant shape with a forward-looking, and human-focused…

1 day ago