Fundz

Debrand Receives Investment From Wm For Continued Textile Recycling Growth And Expansion

PRIVATENov 15, 2022

Round Type

Venture

DeltaSoftwareRetailSupply Chain ManagementLogistics

Description

Debrand, a reverse logistics textile solutions provider, today announced that it has received a strategic investment from WM, North America's largest environmental solutions provider. This is the first strategic investment made by WM in textile recycling. Leveraging Debrand's expertise and technology, WM expects to offer new textile recycling capabilities for its customers and provide circular solutions across North America. The investment positions Debrand for expansive growth

Quick answer

Debrand raised an undisclosed amount in a funding round, dated November 15, 2022. Debrand is based in Delta, British Columbia, Canada.

How much did Debrand raise?
Debrand raised an undisclosed amount in a funding round on November 15, 2022.
What does Debrand do?
We use the power of technology to unlock the highest value of your products in this life and the next.
Where is Debrand based and how big is it?
Debrand is based in Delta, British Columbia, Canada.

Source: Fundz verified event record.

Who else raised in Retail and Supply Chain Management around the same time

Companies in the same sectors as Debrand that raised within 45 days of this round, from Fundz verified event records.

  • Frayt Technologies raised $6.4M on December 19, 2022.
  • project44 raised $80M (Funding Round) on November 3, 2022.
  • ESP Technology & Logistics raised $2.7M (Seed) on December 12, 2022.
  • Telegraph raised $10M (Series A) on December 6, 2022.
  • SCW.AI raised $10M (Series A) on November 30, 2022.
  • Saltbox raised $35M (Series B) on November 29, 2022.

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Company Information

Company

Debrand

Location

Delta, British Columbia, Canada

About

We use the power of technology to unlock the highest value of your products in this life and the next. Over the past 12 years, we’ve established ourselves as experts in Reverse Logistics and Textile Recycling. Our cutting-edge Allocation Engine and solution partner network allow us to offer comprehensive solutions. We're trusted by the world's leading apparel brands, such as: lululemon athletica, Everlane, Aritzia, Canada Goose, Groupe Dynamite, Fedex, Air Canada, L Brands, Loblaws and many more.

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Debrand raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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