Textile Innovation Company Byborre Raises 16.9 Million Euros in Series B Funding

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The Amsterdam-based textile innovation studio will use the funds to expand its platforms to the U.S., Northern Europe and Italy.

Dutch multinational financial services company Rabobank will also provide long-term debt and machine lease facilities.

“Throughout the years, we always wanted to make people aware to use better, and actually less, textile because we overproduce in every step — it’s ridiculous,” said Akkersdijk. for others and eventually, showcasing it through an eponymous brand.“A big part of [the brand] was to prove that you can control the whole supply chain even if you’re a small brand,” he said, noting that selling its wares at the likes of Dover Street Market Ginza and Ssense was meant only as a showcase.

True to what Akkersdijk deemed an open-source mindset, the textile studio company plans on using the Series B funds to roll out its platforms, the Byborre Create design tool and Byborre Textiles library, into key markets that include the U.S., Northern European countries and Italy. It also is keen to expand its network of industry partners to create “an even more global network so that it becomes a lot more accessible.

Currently, Byborre supports a range that includes recycled nylon, recycled polester and 50 percent recycled cotton, with a 50 percent share of single-material compositions to increase recyclability. The company is working on introducing a cellulose-based yarn and will introduce new materials “as soon as [they] reach small-scale” production potential.

 

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