Material Exchange

Fighting fashion waste.
Website
The problem

The fashion industry faces a double threat: inefficiency and environmental burden. The traditional sourcing process is slow and lacks transparency, leading to wasted time, resources and corners cut. Meanwhile, a staggering $120 billion worth of deadstock sits unused in warehouses, which normally ends up being incinerated or landfilled.

Location

Sweden

The solution

Material Exchange takes on the fashion world with their innovative Digital Sourcing Platform (DSP). The online marketplace connects brands with global suppliers directly, meaning fabric production is efficient, transparent and as sustainable as possible. What’s more, their Deadstock Depot puts unloved materials back into circulation.

Investment year

2020

Fighting fashion waste.
Website
Sector

Materials

Investment stage

series A

Fighting fashion waste.
Website
Sector
Materials
Location
Sweden
Investment stage
series A
Investment year
2020
The problem

The fashion industry faces a double threat: inefficiency and environmental burden. The traditional sourcing process is slow and lacks transparency, leading to wasted time, resources and corners cut. Meanwhile, a staggering $120 billion worth of deadstock sits unused in warehouses, which normally ends up being incinerated or landfilled.

The solution

Material Exchange takes on the fashion world with their innovative Digital Sourcing Platform (DSP). The online marketplace connects brands with global suppliers directly, meaning fabric production is efficient, transparent and as sustainable as possible. What’s more, their Deadstock Depot puts unloved materials back into circulation.

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