United States · Textiles startup

Ravel

Ravel is a textile recycling company focused on converting blended material textile waste into new, reusable mono-material feedstocks.

Funding reportedLast round: Seed

TextilesSeattle, United States

About Ravel

Ravel is a textile recycling company focused on converting blended material textile waste into new, reusable mono-material feedstocks.

Their mission is to tackle the challenges of recycling blended fiber textiles, which are often difficult to process. Ravel employs a proprietary Purification RecyclingTM process, an energy-efficient system that effectively separates contaminants and dyes, allowing for the recovery of high-quality materials. The company specializes in the industrial recycling of textile waste, producing textile-derived rPET pellets that can be easily transformed back into fiber, yarn, fabric, and clothing. Ravel's technology maximizes recovery and minimizes waste, making it a valuable partner for brands and manufacturers in the fashion industry. By diverting textile waste from landfills and providing a low-carbon alternative to fossil-fuel-based fashion, Ravel contributes to a more sustainable circular economy in apparel.

What company datasets say Ravel raised

Funding, as reported

Reported in all$8.2Min dollars
Rounds1
Last roundSeed
Last round size$8.2M
Last round dateJul 2024
Investors listed5

Founders and team

From Ravel's own website: 6 on the team.

  • Zahlen TitcombCEO
  • John Goods PhDCTO
  • Kristen AlbrechtCOO
  • Jules ValentiDirector of Engineering & Pilot Plant Manager
  • Michael BolandPilot Plant Engineer / Operator
  • Zack WolfordResearch Engineer

AdvisersKarim LessardLisa GrahamRuth True

On a portfolio page

Investors who name them

Each firm lists Ravel on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

sustainable materialsclosed loop systemenergy-efficient processfiber separationwaste diversionlow carbon solutionstextile recyclingmono-material feedstocksblended fiber recyclingfiber purificationcircular economydrop-in textile pelletsrecycling and waste managementresponsible materialsenvironmentally friendly recyclingb2b

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Sector
Textiles
Industry code
NAICS 325211, SIC 3999, 2821
Region
Washington
Full record
Every detail in the company directory

How it ended, so far

Exit

ExitBuyerPriceWhen
AcquiredW2O GroupundisclosedApr 2012

Textiles in United States

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