AlgiKnit is creating eco-conscious, renewable yarns for the circular economy. We’re developing durable yet rapidly degradable yarns from kelp, one of the most regenerative organisms on the planet. Our material is built for everyone: a functional and accessible resource without environmental harm. We’re envisioning a future where the textile industry operates in a closed-loop product lifecycle, utilizing materials with a significantly lower footprint than conventional textiles.
Employees: 11-50
Total raised: $13M
Founded date: 2017
Investors 2
Date | Name | Website |
18.08.2022 | COLLABORAT... | collaborat... |
- | FirstXFoun... | firstxfoun... |
Funding Rounds 1
Date | Series | Amount | Investors |
08.07.2022 | Series A | $13M | - |
Mentions in press and media 20
Date | Title | Description | Source |
17.08.2022 | Data snapshot: Demand for sustainable fashion & packagin... | Data Snapshot is a regular AFN feature analyzing agrifoodtech market investment data provided by our... | agfunderne... |
05.07.2022 | North Carolina-based Seaweed biomaterial startup Algiknit ra... | On June 29th, 2022, AlgiKnit, a US firm that creates sustainable textiles from seaweed, revealed tha... | vcbay.news... |
30.06.2022 | The Week in Agrifoodtech: Eclipse scoops $40m for animal-fre... | This week, Eclipse — best known for its animal-free ice creams — closed its Series B round, while an... | agfunderne... |
30.06.2022 | AlgiKnit Closes $13M Series A | MORRISVILLE, NC, AlgiKnit, a materials innovator, announced $13 million in Series A funding. >... | vcnewsdail... |
30.06.2022 | AlgiKnit Raises $13 Million to Scale Sustainable Kelp Yarn P... | Sustainable kelp yarn producer AlgiKnit has raised $13 million in its Series A funding round, led by... | vegconomis... |
29.06.2022 | AlgiKnit’s seaweed-sourced materials could mend the textile ... | AlgiKnit is on a mission to offer more environmentally conscious materials for the heavily polluting... | techcrunch... |
29.06.2022 | AlgiKnit Closes $13M Series A Funding | AlgiKnit, a Morrisville, NC-based materials innovator creating eco-conscious yarns from kelp, raised... | finsmes.co... |
29.06.2022 | US kelp-based yarn-maker AlgiKnit nets USD 13 million in fun... | AlgiKnit, a biomaterials company creating design and manufacturing materials out of kelp, has raised... | seafoodsou... |
29.06.2022 | BREAKING: Seaweed biomaterials startup AlgiKnit nets $13m Se... | AlgiKnit, a US startup developing sustainable textiles from seaweed, has raised $13 million in Serie... | agfunderne... |
23.06.2022 | AlgiKnit Closes $13 Million Series A For Kelp-Based Fashion ... | 3 Mins Read New York materials startup AlgiKnit has closed a $13 million Series A funding round, le... | greenqueen... |
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