AlgiKnit Raises $13 million in Series A Funding
AlgiKnit, a NC-based startup that develops sustainable textiles from seaweed, has received $13 million in a Series A financing round led by Collaborative Fund. New investors include H&M CO:LAB, the investment arm of Swedish apparel retailer H&M Group, Starlight Ventures and Third Nature Ventures; existing investors Horizons Ventures and SOSV were also participating. This series brings AlgiKnit, which ... Log in to view full article.