AlgiKnit news and archive

Keel Labs unveils first seaweed-fiber collection with Outerknown

As the fashion industry continues to grapple with the environmental impact of both man-made and natural fibers, the need for next-gen, sustainable materials has never been higher. Synthetic materials like polyester and nylon, which account for two-thirds of the industry’s raw material usage, are made using fossil fuels and contribute to...

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AlgiKnit secures 13 million US dollars in funding

Materials innovator AlgiKnit, which creates eco-conscious yarns from kelp, has closed a 13 million US dollars Series A funding round led by Collaborative Fund. The round was also supported by H&M Group’s investment arm H&M Co:Lab, Starlight Ventures, Third Nature Ventures, and features ongoing support from previous investors Horizons Ventures...