Skip to main content
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Stella McCartney and VC Firm Collaborative Fund Launch $200 Million Climate Solutions-Focused Fund

Stella McCartney's first bag made from the mushroom-based leather alternative Mylo launches in July.
Stella McCartney's first bag made from the mushroom-based leather alternative Mylo launches in July. (Stella McCartney)

The fund, Collab SOS, will invest in companies working to develop more sustainable materials, ingredients, energy and supply chains at the Series A and B level. McCartney announced the initiative on her brand’s Instagram Saturday.

Existing investments include mushroom-based leather alternative manufacturer, Bolt Threads, and AligKnit, a company making yarn from kelp.

The move comes amid growing investment interest in materials and technologies that could reduce the fashion industry’s environmental impact.

Learn more:

ADVERTISEMENT

Why Big Brands Are Investing in Sustainability Startups

Companies including Ralph Lauren, Lululemon, H&M Group, Kering and Chanel have poured money into innovations that could reduce the industry’s environmental impact.

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Topics

AI’s Big Bias Problem

Generative AI holds vast potential when it comes to streamlining HR tasks and eliminating manual work, but there are mounting worries about its tendency to magnify racial and gender biases.


Marine Serre: From Radical to Pragmatist

Serre, who grew sales by 20 percent in 2023, has been named Pitti Uomo’s next guest designer. She’s using the opportunity to show her men’s collection for the first time.


view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
BoF Professional - How to Turn Data Into Meaningful Customer Connections
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
BoF Professional - How to Turn Data Into Meaningful Customer Connections