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Simplifyber has raised USD12M in Series A funding to scale up production capabilities and expand its team. The funding round was led by Suzano Ventures along with several other investors.

Apr 10, 2025•8 months ago

Amount Raised

$12 Million

Round Type

series a

RaleighRetail

Investors

Meliorate PartnersOverlay CapitalM.I.H. CapitalCollateral GoodStaddle HoldingsOne Small PlanetPlug And Play Sustainability FundTechstarsAt One VenturesSuzano Ventures

Description

Simplifyber, a Raleigh, North Carolina-based bio-based materials company, raised US$12m in Series A funding. The round was led by Suzano Ventures, alongside investors including At One Ventures, Techstars, and others. The company intends to use the funds to scale-up production capabilities and expand its team. Founded in 2021, Simplifyber has developed a novel process for creating bio-based soft goods.

Company Information

Company

Simplifyber

Location

Raleigh, North Carolina, United States

About

Simplifyber has created a first-of-its-kind manufacturing process that uses plant-based fibers to create entire 3D-shaped soft goods directly, in a single step. Simplifyber's patented process eliminates the need for spinning, weaving/knitting and greatly reduces the need for sewing, and will transform fashion’s supply chain into plant-based 3D manufacturing, at a cost competitive with plastic and polyester.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech