Fundz

Recover™ Accelerates Growth With $100 Million Minority Equity Investment Led By Goldman Sachs Asset Management, Partnering With Existing Investor Story3 Capital Partners

PRIVATEJun 09, 2022

Amount Raised

$100 Million

Round Type

Venture

ManufacturingE CommerceFashionTextiles

Description

RecoverTM, a leading materials science company and producer of sustainable, premium recycled cotton fiber and cotton fiber blends, announced today that it has closed a new $100 million minority equity capital investment led by the Sustainable Investing business within Goldman Sachs Asset Management (Goldman Sachs). Goldman Sachs is investing alongside majority shareholder STORY3 Capital Partners.

Quick answer

Recover raised $100 Million in a funding round, dated June 9, 2022.

How much did Recover raise?
Recover raised $100 Million in a funding round on June 9, 2022.
What does Recover do?
Recover™ transforms textile waste into sustainable recycled fibers and blens, closing the loop on fashion.
Who are the decision-makers at Recover?
Fundz holds 1 contact at Recover. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Fashion around the same time

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

  • Neptune Wellness Solutions raised $3.6M (Seed) on July 13, 2022.
  • Centric Brands raised an undisclosed amount (Funding Round) on July 13, 2022.
  • Richemont raised an undisclosed amount on June 22, 2022.
  • May Mobility raised $17M (Funding Round) on July 22, 2022.
  • May Mobility raised an undisclosed amount on July 21, 2022.
  • May Mobility raised $1.2M (Seed) on July 21, 2022.

Who to call at Recover, and when

A new round usually means Recover is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Recover raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Recover, from your own LinkedIn network

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Company Information

Company

Recover

About

Recover™ transforms textile waste into sustainable recycled fibers and blens, closing the loop on fashion. You might see waste, we see circular solutions.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Recover raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.